Logility Continues to Back Aptean Deal as Unnamed Bidder Withdraws Offer

Dow Jones

Mar 10

By Denny Jacob

Logility Supply Chain Solutions remains on track to be acquired by Aptean after an unnamed bidder withdrew their proposal.

The Atlanta supply-chain management-software company on Friday disclosed a bidder made a bid to acquire Logility for $15 a share. Those discussions have now concluded.

Logility reaffirmed its recommendation that shareholders vote in favor of Aptean's offer, which would acquire the company for $14.30 a share in an all-cash deal.

Write to Denny Jacob at denny.jacob@wsj.com

(END) Dow Jones Newswires

March 10, 2025 08:29 ET (12:29 GMT)

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