Pure Culture Organics, a Chicago-based company, is on a mission to transform how consumers perceive and experience kefir, a ...

The keifer maker said its board determined that the “proposal substantially undervalues” the company and was not in the best interest of its shareholders.

The Morton Grove-based kefir maker turned down Danone's offer, saying the $25-a-share deal undervalues the company.

Financial writers report on the largest shareholders of Lifeway Foods urging the board to reconsider ...

The news this week that US kefir drinks and cheese maker Lifeway Foods has rejected a takeover offer from Danone may have raised a few eyebrows. And it will also raise questions about the strategy ...

Lifeway Foods rejected a Sept. 23 offer by Danone to acquire the kefir maker for about $283 million, or $25 a share. Danone, a long-time shareholder in Lifeway, currently owns 23.4% of its common ...