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JDA Software Group and Sirius XM Radio Among Most Active Stocks in Nasdaq Pre-Market
MINYANVILLE ORIGINAL The three most active funds and stocks in pre-market trading on the Nasdaq (INDEXNASDAQ:.IXIC) were JDA Software Group (NASDAQ:JDAS) Sirius XM Radio (NASDAQ:SIRI) and Grifols (NASDAQ:GRFS) as of 9:00 a.m. Investors exchanged 12 819 838 shares of JDA Software Group which was up $6.63 or 17.38%. According to Bloomberg RedPrairie backed by private-equity firm New Mountain Capital agreed to buy JDA Software Group for $1.9 billion or $45 per share. This amount represents a 33% premium over JDA's stock price as of October 26. The deal merges the two providers of software for managing corporate supply chains. ...
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