09:51 AM
JDA Software Group (JDAS -0.5%) is acquiring rival i2 Technologies (ITWO +4.4%) for cash and stock worth $396M. i2 shareholders to receive about $18/share, a 9% premium over Wednesday's close. (PR)
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Monday, October 19, 2009
16:05 PMJDA Software Group (JDAS): Q3 EPS of $0.40 beats by $0.04. Revenue of $96M (-3%) vs. $92M. Shares -1% AH. (PR)
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07:15 AM
JDA Software (JDAS) announces a $346M merger agreement to acquire i2 Technologies (ITWO) - a 5% premium to ITWO's Friday close. The merger will create a global leader in the supply chain planning and optimization market.
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