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LGTY
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137 days

Aptean Completes Acquisition of Logility

1. Logility has been acquired by Aptean at $14.30 per share. 2. Logility shares will no longer be publicly listed post-acquisition.

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-0.22%S&P 500
$14.2904/04 04:19 PM EDTEvent Start
$14.2904/07 04:38 PM EDTLatest Updated
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FAQ

Why Very Bullish?

The acquisition price of $14.30 is a premium, likely leading to immediate gains for shareholders. Historically, acquisitions that provide a cash buyout at a premium usually result in positive reception from investors and stability for the involved company.

How important is it?

The acquisition directly affects LGTY's share value, ensuring a defined exit for investors and influencing trading decisions around the stock. This significant corporate development will also affect broader market perceptions within the software sector.

Why Short Term?

The immediate impact is seen in the acquisition's approval, driving quick investor reactions. In the long term, the acquisition could lead to changes in company direction and strategy, which may be less predictable.

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APTESPLKINFA
ATLANTA--(BUSINESS WIRE)--Logility Supply Chain Solutions, Inc. (Nasdaq: LGTY) (“Logility”) today announced the completion of its acquisition by Aptean, Inc. (“Aptean”), a global provider of mission-critical enterprise software solutions, for $14.30 per share in cash. The acquisition was originally announced on January 24, 2025, and was approved by Logility shareholders on April 3, 2025. As a result of the consummation of the acquisition, Logility's shares of common stock will no longer be list.

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