On November 1, 2012, RedPrairie Corporation and JDA Software announced their merger. Under the terms of the agreement, the entities affiliated with RedPrairie will effect a cash tender offer to acquire all outstanding shares of JDA common stock for $45 per share. My initial positive and negative thoughts on the merger were outlined in Part One of this blog series.
Cynical and jaded market observers will see this merger as a déjà vu whereby two software companies that have been unable to perform to their full potential are coming together with the hope things will improve just like that. Read the rest of this entry »