Branham Law, LLP Launches Investigation in Sale of JDA Software to RedPraire
Branham Law, LLP has launched an investigation of RedPrairie's purchase of JDA Software Group, Inc. ("JDA") (NasdaqGS: JDAS). The investigation is targeted to determine whether the deal adequately compensates JDA shareholders or whether JDA stock is being undervalued. Specifically, we are concerned about the steps the JDA Board of Directors took to ensure that shareholder value was maximized prior to agreeing to the deal. Under the proposed sale, JDA shareholders will only receive $45 in cash for each share of JDA common stock owned in a deal valued at approximately $1.9 billion.
If you own JDA shares and wish to discuss this matter with us, or have any questions concerning your rights and interests with regard to this matter, please contact: