Epicor Software (EPIC) Board Determines Not to Pursue Elliott Associates' Proposal
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Epicor Software Corporation (NASDAQ: EPIC) announced that its Board of Directors has unanimously determined not to pursue the proposal from Elliott Associates, L.P dated October 1, 2008. The Board thoroughly reviewed Elliott Associates' proposal and reached its decision after careful consideration with its independent financial and legal advisors, UBS Investment Bank and Wilson Sonsini Goodrich & Rosati.
Epicor is a global leader dedicated to providing integrated enterprise resource planning (ERP), customer relationship management (CRM), supply chain management (SCM) and professional services automation (PSA) software solutions to the midmarket and divisions of Global 1000 companies.
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