Blue Yonder, a leader in supply chain software, announced Friday it has confidentially submitted a proposed initial public offering (IPO) to the Securities and Exchange Commission. The IPO price and number of shares have not yet been determined.
In March, the company was rumored to be under consideration for acquisition by Panasonic Corp. (OTC:PCRFF), an electronics firm, for $6.45 billion, according to a report by Nikkei Asia. The Japanese company already has a 20% stake in Blue Yonder, which...
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