We launched this campaign out of our sincere belief that the Lifeway Board, led by its CEO and Chair Julie Smolyansky, has been both flagrant and unrelenting in its efforts to disenfranchise shareholders. We believe that Lifeway's rejection of Danone's offer, which represented a 72% premium over the 3-month volume weighted average price, was aimed at entrenching a management team and Board that have failed to articulate a credible plan to create comparable shareholder value. Moreover, the Board's subsequent ...