Logility Announces Withdrawal of Unsolicited Proposal by Bidder
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 10 2025
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Should l Buy ?
Source: Businesswire
Proposal Withdrawal: Logility Supply Chain Solutions announced that the unsolicited proposal to acquire its shares has been withdrawn, leading to the cessation of discussions with the bidder.
Acquisition Agreement: The company's agreement to be acquired by Aptean for $14.30 per share remains intact, and Logility's Board of Directors continues to recommend that shareholders vote in favor of this transaction.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
