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.