New York, NY (July 20, 2006) – LAWFUEL – Law News Network – Paul, Hastings, Janofsky & Walker LLP (Paul Hastings), a leading international law firm, represented Manugistics Group, Inc. in connection with the merger of Stanley Acquisition Corp, a wholly-owned subsidiary of JDA Software Group. The deal, which closed on July 5, 2006, is valued at $213 million.
The Paul Hastings team, led by New York partner Luke Iovine, also included partners Joseph Opich, Jeffrey Pellegrino and Mark Poerio; of counsel Matthieu Grollemund; and associates Rene Peres, Cara Rodrigeuz, Sarah Schuette DeMatteis, Farrah Short, Jocelyn Sturdivant, Adam Vandervoort and Lillian Wilkinson.
Under the agreement, JDA Software Group purchased all of the outstanding equity of Manugistics Group, Inc., a Delaware-based software corporation. The merger consideration consists of all issued and outstanding shares of common stock of the Company being converted into the rights to receive cash in an amount equal to $2.50 for each share of the company’s common stock.
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About Manugistics Group Inc.: Manugistics powers the synchronized supply chain. Clients depend on Manugistics to position them one step ahead of demand. With Manugistics’ unparalleled supply chain and revenue management solutions, clients achieve improved forecast and inventory accuracy and leverage industry leading pricing and yield management solutions to maximize profits while ensuring optimum supply for constantly changing demand.
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