Lifeway Foods slides after Danone pulls takeover offer (LWAY:NASDAQ)

Core Viewpoint - Lifeway Foods shares experienced a significant decline of 25% in premarket trading following Danone's withdrawal of its acquisition proposal for the company [2] Company Summary - Lifeway Foods specializes in supplying kefir and fermented probiotic products [2] - The acquisition proposal from Danone was made in 2024 [2] Industry Summary - The withdrawal of the acquisition proposal may indicate challenges in the market for probiotic products or potential strategic shifts within larger food companies like Danone [2]