2717 Partners Sends Letter to Logility Board Calling for a Review of Strategic Alternatives
Logility Supply Chain Solutions, Inc. (LGTY)
Company Research
Source: Business Wire
Believes Logility’s Persistent Underperformance Demonstrates that Logility is Underappreciated by the Public MarketsBelieves a Take-Private Transaction Would Immediately Unlock Value for Shareholders, Closing the Gap Between Logility’s Current Valuation and its Intrinsic Value SAN FRANCISCO--(BUSINESS WIRE)--2717 Partners, LP, an actively engaged shareholder that applies a private equity mindset to create value in the public markets and a significant shareholder of Logility Supply Chain Solutions, Inc. (NASDAQ: LGTY) (“Logility” or the “Company”), today sent a letter to the Company’s Board of Directors calling for it to explore strategic alternatives, including a sale of Logility.The full text of the letter follows:December 9, 2024Logility Supply Chain Solutions, Inc.470 East Paces Ferry Road, NEAtlanta, GA 30305Attn: Board of DirectorsMembers of the Board,2717 Partners, LP (“2717”) is an actively engaged shareholder that seeks to leverage our deep private equity and sector experti
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