Lifeway Foods stock rises 12% in premarket after Danone increases offer to $27/share for maker of Kefir products, funded in cash reserves.

Lifeway on Friday said that Danone offered to purchase all of its shares that it didn't already own for approximately $307 million, or $27 apiece, in cash. The company currently owns about 23% of ...

France's Danone is offering to acquire Lifeway Foods at a higher price after the Morton Grove, Ill., maker of probiotic foods rejected its previous offer.

Many stores and brands offer online outlets where customers can find products deeply discounted from the manufacturer's suggested price. While outlet stores used to be places primarily to sell ...