Logility Announces Withdrawal of Unsolicited Proposal by Bidder

Written by Emily J. Thompson, Senior Investment Analyst

LGTY%

Source: Businesswire

Updated: Mar 10 2025

0mins

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Withdrawal: Logility Supply Chain Solutions announced that the unsolicited proposal to acquire its shares has been withdrawn, leading to the cessation of discussions with the bidder.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.

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.

Logility Announces Withdrawal of Unsolicited Proposal by Bidder

About the author

Top News

Oil Firms Cautious on Venezuela Investment Push

GM Reports $7.1 Billion Charge Amid EV Shift

Stock Market Wraps 2025 with Double-Digit Gains

Novo Nordisk's Weight-Loss Pill Approval: Key Impacts

Related Articles

XRP Drops 40% from July Peak; Ripple's Products Face Adoption Challenges

Shiba Inu's Market Cap Drops 90%, Increasing Investment Risks

Sigh Up to Get Intellectia Insights

How did the company's recent strategic decisions impact its latest financial performance?

Can you explain the factors behind the recent changes in the company's stock price?

What are the expected impacts of current market trends on the company's future growth?

Based on the latest earnings report, what are the company's forecasted revenues for the next quarter?

How does the company's performance compare to its main competitors in the same sector?

People Also Watch