Elliott Associates seeks sale of Epicor Software

By Lisa Kerner

Charlotte, N.C., Aug. 22 - A group of Epicor Software Corp. investors led by Elliott Associates, LP sent a letter to the company's board of directors suggesting it is time to begin a process to sell Epicor.

The letter was sent on Aug. 20, according to a schedule 13D filed with the Securities and Exchange Commission.

In a prior SEC filing, Elliot asked Epicor whether the company has considered exploring strategic alternatives.

Elliott and its affiliates beneficially own 5,978,483 shares, or 9.9%, of Epicor.

The Irvine, Calif.-based company designs, develops, markets and supports enterprise application software products.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.