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News Breaks | | | | December 21, 2012 | | 08:07 EDT |  | JDAS | RedPrairie successfully completes tender offer to acquire JDA Software
RedPrairie and JDA Software announced that the tender offer by an affiliate of RedPrairie to acquire all of the outstanding shares of common stock of JDA expired at 11:59 p.m., New York City time, on December 20. All shares that were validly tendered into the offer and not properly withdrawn have been accepted for payment and will be paid promptly in accordance with the terms of the offer. As previously announced, pursuant to the merger agreement among RP Parent and JDA, RP Acquisition commenced a tender offer on November 15 to acquire all of the outstanding shares of common stock of JDA for $45.00 per share, net to the seller in cash without interest and less any required withholding taxes. The merger is expected to be completed on or about December 21. Following the merger, JDA’s common stock will cease to be traded on The NASDAQ Global Market. | |
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