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Article: American Software Completes Acquisition of Logility.
- Article from:
- PR Newswire
- Article date:
- July 9, 2009
CopyrightCOPYRIGHT 2009 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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ATLANTA, July 9 /PRNewswire-FirstCall/ -- American Software, Inc. today announced that it acquired Logility, Inc. pursuant to a Plan of Merger dated July 6, 2009. American Software previously completed a tender offer, which expired on June 29, 2009, for all the outstanding common stock of Logility not currently owned by American Software. After completion of the tender offer, American Software owned 12,804,866 shares, or 96.7% of the outstanding shares of Logility common stock.
Pursuant to the Plan of Merger, Logility was merged with and into a wholly-owned subsidiary of American Software, each of the issued and outstanding shares of common stock of Logility ...
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