Logility SC TO-T/A Third party tender offer statement (amended)

Exhibit (c)(9)

Mergerstat Review

Control Premium Data

Software Company Transactions (2007 - 2008)

		Descriptive Statistics (Group Medians)
	# of Deals	Revenue		EBITDA Margin		Deal Size		Unaffected Control Premium		MVTC / Revenue	MVTC / EBITDA
OVERALL SUMMARY	72	$	89.30	11.0	%	$	234.72	24.0	%	2.01	17.0
SORTED BY EFFECTIVE DATE
January to June 2007	30	$	138.75	11.0	%	$	482.99	22.5	%	2.14	16.7
July to December 2007	12	$	79.22	13.6	%	$	225.50	16.0	%	2.87	15.4
January to June 2008	16	$	71.26	10.0	%	$	208.71	27.5	%	1.81	17.1
July to December 2008	14	$	77.86	10.7	%	$	152.82	31.0	%	1.77	16.0
SORTED BY DEAL SIZE (Equity + Debt)
Less than $100 million	24	$	28.01	2.9	%	$	42.54	32.5	%	1.28	17.3
$100 million to $500 million	22	$	86.67	11.8	%	$	221.53	24.0	%	2.18	17.0
$500 million to $1 billion	10	$	228.19	11.4	%	$	797.56	22.0	%	2.81	21.3
More than $1 billion	16	$	633.85	18.4	%	$	1,709.58	25.0	%	3.61	14.9
SORTED BY FORM OF TRANSACTION
Acquisition	37	$	98.01	10.9	%	$	232.27	28.0	%	1.91	16.2
Going Private / MBO	18	$	58.26	9.5	%	$	128.79	22.0	%	1.87	16.9
Tender Offer	17	$	146.92	12.4	%	$	322.06	23.0	%	2.68	17.0
SORTED BY TYPE OF TRANSACTION
Financial / Conglomerate	14	$	94.38	16.1	%	$	197.41	10.0	%	3.03	15.8
Strategic (Horizontal & Vertical)	58	$	89.30	9.2	%	$	248.07	25.5	%	1.89	17.4
SORTED BY FORM OF CONSIDERATION
Cash Only	63	$	108.06	11.1	%	$	258.98	23.0	%	2.05	16.7
Cash / Stock / Other	6	$	14.28	13.1	%	$	33.31	36.0	%	3.84	19.4
Stock Only	3	$	78.97	3.0	%	$	54.19	61.0	%	0.69	16.1

Dispersion of Observed Control Premiums

Summary TRL Mergerstat Data