Logility receives $15.00 per share cash unsolicited buyout proposal

Written by Emily J. Thompson, Senior Investment Analyst

LGTY%

Updated: Mar 07 2025

0mins

Logility Acquisition Proposal: Logility Supply Chain Solutions has received an unsolicited proposal to acquire its shares for $15.00 each, which may lead to a superior offer compared to its existing agreement with Aptean at $14.30 per share.
Board's Position: The Logility Board of Directors is open to discussions regarding the unsolicited proposal while reaffirming their recommendation for shareholders to support the transaction with Aptean, though no definitive agreement is guaranteed.

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 receives $15.00 per share cash unsolicited buyout proposal

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