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ICG sells Logistics.com for $20M.

The Daily Deal

| October 25, 2002 | COPYRIGHT 2003 The Deal LLC. (Hide copyright information)Copyright

Byline: David Shabelman

Supply chain software services provider Manhattan Associates Inc. has acquired logistics software maker Logistics.com Inc., for approximately $20 million.

Logistics.com is a portfolio company of Internet Capital Group, Inc. The Wayne, Pa.-based holding company said it expects to receive $12 million in proceeds from the sale for its 97% stake in the …

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