November 1, 2012 (Bloomberg) – RedPrairie Corp., backed by private-equity firm New Mountain Capital LLC, agreed to acquire JDA Software Group Inc. in a $1.9 billion deal that merges two providers of software for managing corporate supply chains.

RedPrairie and New Mountain Capital will pay $45 a share, a 33 percent premium over JDA’s stock price on Oct. 26 before speculation of the deal surfaced, according to a statement released Thursday. The board of Scottsdale, Arizona-based JDA has approved the transaction.

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