Professional
Added to YB: 2024-11-21
Pitch date: 2024-11-19
LWAY [neutral]
Lifeway Foods, Inc.
+3.43%
current return
Author Info
Special Situation Investments focuses on event-driven trades and low risk arbitrage opportunities with short term catalysts. Sign up for the newsletter.
Company Info
Lifeway Foods, Inc. produces and markets probiotic-based products in North America. The company’s primary product is drinkable kefir, a cultured dairy product in various organic and non-organic sizes, flavors, and milk types.
Market Cap
$390.1M
Pitch Price
$25.10
Price Target
N/A
Dividend
N/A
EV/EBITDA
20.02
P/E
37.29
EV/Sales
1.67
Sector
Food Products
Category
special_situation
LWAY: Attractive Buyout Offer or Risky Play Amid Internal Turmoil?
LWAY (merger arb): Danone offers $27/share (11% spread) for kefir leader. CEO (15% stake) rejects, adopts poison pill. Brother/mother (25%) back sale. Proxy fight ongoing. CEO's $60M potential gain vs. entrenched position. Personal feuds complicate. High valuation, downside risk. Watching closely.
Read full article (3 min)