JDAS, JDA Software Group Inc.
RedPrairie and JDAS reported that JDAS and affiliates of RedPrairie have entered into a definitive merger agreement.
Under the terms of the merger agreement, entities affiliated with RedPrairie will effect a cash tender offer to acquire all outstanding shares of JDAS common stock for $45 per share. The transaction has a total enterprise value of approximately $1.9 billion.
The combined entity, which will create one of the largest global software companies with combined revenues of over $1 billion, will offer a broad portfolio of solutions and services to manage global supply chains – from raw materials, to finished products, into the hands of consumers – through any channel.
JDAS is the leading provider of innovative supply chain management, merchandising and pricing excellence solutions worldwide.
Molre about JDAS at www.jda.com
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