StockNews.AI
LGTY
StockNews.AI
204 days

LOGILITY SUPPLY INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Logility Supply Chain Solutions, Inc. - LGTY

1. Logility's sale to Aptean offers $14.30 per share. 2. An investigation questions the sale's fairness and adequacy. 3. Shareholders are encouraged to explore legal rights regarding the deal.

3m saved
Insight
Article

FAQ

Why Bearish?

Concerns over undervaluation can negatively affect investor confidence, similar to past investigations of corporate sales.

How important is it?

The investigation may lead to pressure on LGTY's stock price if undervaluation is confirmed.

Why Short Term?

Short-term market reactions are likely as the investigation progresses.

Related Companies

LGTYAPTEAN
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Logility Supply Chain Solutions, Inc. (NasdaqGS: LGTY) to Aptean. Under the terms of the proposed transaction, shareholders of Logility will receive $14.30 in cash for each share of Logility that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company. If you believe that this transaction undervalues the Company and/or if you would like to discuss your legal rights regarding the proposed sale, you may, without obligation or cost to you, e-mail or call KSF Managing Partner Lewis S. Kahn (lewis.kahn@ksfcounsel.com) toll free at any time at 855-768-1857, or visit https://www.ksfcounsel.com/cases/nasdaqgs-lgty/ to learn more. To learn more about KSF, whose partners include the Former Louisiana Attorney General, visit www.ksfcounsel.com.

Related News