LLR Partners Taking I-many Private

LLR Partners has agreed to acquire I-many (Nasdaq: IMNY), an Edison, N.J.-based provider of enterprise contract management software and services. Under terms of the agreement, I-many stockholders would receive $0.43 per share in cash, for a transaction value of approximately $36 million (or $23.3 million net of I-many's debt and transaction-related expenses).

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