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POTENTIAL DEAL DETAILS
| Stock | Logility Supply Chain Solutions | Symbol | LGTY |
| Date Announced | 12/09/2024 | Source | Press Release |
| Type | Activist Investor |
2717 Partners, LP, shareholder of Logility Supply Chain Solutions (LGTY) sent a letter to the company’s Board of Directors calling for it to explore strategic alternatives, including a sale of Logility.
Logility Supply Chain Solutions Investor Relations
Update(s):
December 11, 2024: Reuters reported that Logility Supply Chain Solutions (LGTY) is exploring a sale. The Atlanta, Georgia-based company, which was previously known as American Software and has a market value of about $400 million, is working with investment bank Lazard to gauge takeover interest from potential buyers, which include private equity-backed technology companies.
December 12, 2024: Logility (LGTY) said it has no comment concerning any market rumors or speculation.
Disclaimer: Our intent with this section of the website is to present potential deals that appear to be in the pipeline. These potential deals are ones where i) the company has indicated that it is "seeking strategic alternatives", ii) there has been an unsolicited bid for a company as mentioned in a press release by the company or iii) news about the deal has been published by a leading news organization like The Wall Street Journal, The New York Times, Bloomberg, Financial Times, The Washington Post, Reuters and The Associated Press. As best as possible we will try to avoid baseless rumors. There is a high probability that many of these potential deals may not materialize and if they do, the terms of the deal may be different from what was initially reported. Please do your own due diligence before buying or selling any securities mentioned on this website. We do not warrant the completeness or accuracy of the content or data provided.