Logility (LGTY) Announces Withdrawal of Unsolicited Proposal by Bidder
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Logility Announces Withdrawal of Unsolicited Proposal by Bidder
March 10, 2025 8:00 AM EDTBoard Reaffirms Recommendation that Shareholders Vote in Favor of Aptean Transaction
ATLANTA--(BUSINESS WIRE)-- Logility Supply Chain Solutions, Inc. (Nasdaq: LGTY) (Logility or the Company), a leader in AI-first supply chain management software, today announced that the unsolicited non-binding proposal to acquire all outstanding shares of Logilitys common stock, previously announced on March 7, 2025 (the Unsolicited Proposal), has been withdrawn by the bidder. As a result, Logility has ceased discussions with the bidder regarding the Unsolicited Proposal.
Logilitys definitive agreement to be acquired by Aptean, Inc. (Aptean) for $14.30 per share... More
