Logility Faces Unsolicited Acquisition Offer at $15 per Share

Reported 1 day ago

Logility, a supply chain software company based in Atlanta, has received an unsolicited acquisition proposal at $15 per share. This comes after the company entered an agreement in January to be acquired by Aptean for $14.30 per share. Logility’s board encourages shareholders to support the Aptean deal while also considering discussions with the new bidder. The company, valued at approximately $478 million, offers technology solutions for inventory and supply chain management.

Source: YAHOO

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