On March 7, Logility Supply Chain Solutions, an AI-powered software company based in Atlanta, Georgia, announced that it had received an unsolicited offer to purchase all of its outstanding shares for $15 each. This offer comes after the company had already agreed in January to be acquired by Aptean for $14.30 per share.

Despite the new proposal, Logility's board of directors continues to recommend that shareholders vote in favor of the Aptean deal, which is supported by TA Associates, Charlesbank, Insight Partners, and Clearlake. The company plans to enter into discussions with the unsolicited bidder, although there is no guarantee that a definitive agreement will be reached.

In December, it was reported by Reuters that Logility, formerly known as American Software, was exploring a potential sale and seeking interest from buyers, including private equity-backed technology firms. With a market value of approximately $478 million, Logility offers software and technology solutions designed to assist large corporations in managing their inventory, manufacturing operations, and supply chains.