Edward, Ludmila Smolyansky Call For Lifeway Foods To Establish Special Committee

Reuters
2024.11.22 15:10
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Edward and Ludmila Smolyansky are urging Lifeway Foods to form a special committee to assess Danone's offer. They control approximately 29.7% of Lifeway's outstanding shares and are requesting the exclusion of Jason Burdeen from the evaluation process. Additionally, they are calling for the board to disclose Kroll's valuation analysis and to permit the dissemination of deposition transcripts related to ongoing lawsuits.

Nov 22 (Reuters) - Edward And Ludmila Smolyansky:

  • EDWARD AND LUDMILA SMOLYANSKY CALL FOR LIFEWAY FOODS (NASDAQ: LWAY) TO ESTABLISH A SPECIAL COMMITTEE TO EVALUATE DANONE’S OFFER

  • EDWARD AND LUDMILA SMOLYANSKY: TOGETHER EXERCISE VOTING CONTROL WITH RESPECT TO ABOUT 29.7% OF OUTSTANDING SHARES OF LIFEWAY FOODS

  • EDWARD AND LUDMILA SMOLYANSKY: URGE LIFEWAY TO EXCLUDE JASON BURDEEN FROM DANONE DEAL EVALUATION

  • EDWARD AND LUDMILA SMOLYANSKY: CALL LIFEWAY FOODS BOARD FOR DISCLOSURE OF KROLL’S VALUATION ANALYSIS

  • EDWARD AND LUDMILA SMOLYANSKY: CALL FOR LIFEWAY TO AGREE TO ALLOW THEM TO DISSEMINATE DEPOSITION TRANSCRIPTS IN LIFEWAY LAWSUITS Source text: Further company coverage: (LWAY.O)

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