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i2 Technologies GmbH Stefan-George-Ring 8 81929 München, Germany http://www.i2.com
Contact Ms Mette Krogh +45 20 82 78 25
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i2 Technologies GmbH

i2 Announces Termination of Merger Transaction with JDA Software Group, Inc.

(PresseBox) (Dallas, )
i2 Technologies, Inc. (NASDAQ: ITWO) today announced that it has terminated its Agreement and Plan of Merger, dated as of Aug. 10, 2008, with JDA Software Group, Inc. ("JDA") (NASDAQ: JDAS), and Iceberg Acquisition Corp, a wholly-owned subsidiary of JDA. JDA has not provided consent to disclosure of any discussions between the parties. i2 expects to receive the non-refundable termination fee of $20 million from JDA within three business days.
Jackson L. Wilson Jr., executive chairman of the i2 board of directors, commented, "i2 is a tremendous company with excellent customers, employees and a strong financial position with significant cash
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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.