BALA CYNWYD, Pa.--(Business Wire)--
Law office of Brodsky & Smith, LLC announces that it is investigating potential
claims against the Board of Directors of i2 Technologies, Inc. ("i2" or the
"Company") (Nasdaq: ITWO) relating to the proposed merger with JDA Software
Group, Inc. ("JDA") (Nasdaq: JDAS).
Under the proposed agreement, i2 shareholders will receive a combination of
approximately 0.256 shares of JDA common stock plus $12.70 in cash for each
share of i2 common stock they own. The investigation concerns possible breaches
of fiduciary duty and other violations of state law related to the i2 Board`s
approval of the proposed acquisition. The merger agreement contains a $15
million termination fee and concurrently with the execution of the merger
agreement the directors and certain executive officers of i2 agreed to vote in
favor of the merger agreement and against any other proposal or offer to acquire
i2. This prevents other buyers from making offers for the company that may have
resulted in increased compensation for the shareholders.
If you own shares of i2 and wish to discuss the legal ramifications of the
proposed acquisition, or have any questions, you may e-mail or call the law
office of Brodsky & Smith, LLC who will, without obligation or cost to you,
attempt to answer your questions. You may contact Jason L. Brodsky, Esquire or
Evan J. Smith, Esquire at Brodsky & Smith, LLC, Two Bala Plaza, Suite 602, Bala
Cynwyd, PA 19004, by e-mail at clients@brodsky-smith.com, or by calling toll
free 877-LEGAL-90.
Brodsky & Smith, LLC
Jason L. Brodsky, Esquire
Evan J. Smith, Esquire
877-LEGAL-90
clients@brodsky-smith.com
Copyright Business Wire 2009
