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SSA GT to EXE-cute (Yet) Another Acquisition
Part Three: Impact on SSA GT
P.J. Jakovljevic - September 29, 2003

Impact on SSA GT

On August 18, SSA Global Technologies (SSA GT) (www.ssagt.com ), and EXE Technologies, Inc. (NASDAQ: EXEE) announced the signing of a definitive agreement under which SSA GT will acquire the embattled global supply chain execution (SCE) provider. Under the agreement, a subsidiary of SSA GT will merge into EXE Technologies and all holders of EXE Technologies outstanding common stock will receive $7.10 per share in cash, which represents an 18 percent premium over EXE Technologies' closing market price on August 15, 2003...


 
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