JDA and i2 Call the Whole Thing Off
December 8, 2008 Timothy Prickett Morgan
Only a little over a month ago, retail and supply chain management software maker JDA Software was pretty proud of the fact that its business managed to grow in the third quarter, hitting record profit and sales levels, and was looking ahead to boosting its business through its impending $346 million acquisition of i2 Technologies. What a difference an economic meltdown makes in a company’s life. i2 announced last week that it had terminated the acquisition agreement with JDA because the latter company was finding it difficult to raise the $450 million in cash it wanted to get from |