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RedPrairie buys JDA in major supply chain software deal

Industries

Thursday, November 01, 2012

The rival supply chain software providers RedPrairie and JDA Software said Thursday they will merge in a $1.9 billion deal that will create a combined entity with annual revenue of more than $1 billion. Rumors that JDA was shopping itself surfaced earlier this week, with privately-held RedPrairie eventually emerging as the buyer. “RedPrairie will effect a cash tender offer to acquire all outstanding shares of JDA common stock for $45 per share,” the companies said in a...

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