RedPrairie today announced that its affiliate, RP Crown Acquisition Sub LLC,
has commenced a cash tender offer to purchase all outstanding common shares of
JDA Software Group, Inc. JDAS. As previously announced on November
1, 2012, entities affiliated with RedPrairie and JDA entered into a definitive
merger agreement under which an affiliate of RedPrairie would acquire all
outstanding shares of JDA common stock for $45.00 per share, in a transaction
valued at approximately $1.9 billion.
Following the successful closing of the tender offer, shareholders of JDA will
receive $45.00 in cash for each common share of JDA validly tendered and not
properly withdrawn in the offer, without interest and less any required
withholding taxes.
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in