Park City Group and Prescient Announce Merger

Park City Group and Prescient Applied Intelligence, West Chester, Pa. — two software providers to food retailers — yesterday announced an agreement to merge the two companies.

PARK CITY, Utah — Park City Group here and Prescient Applied Intelligence, West Chester, Pa. — two software providers to food retailers — yesterday announced an agreement to merge the two companies. Under the terms of the agreement, Prescient will merge with a newly formed subsidiary of Park City Group, becoming a wholly owned operating subsidiary. At the same time, Park City Group acquired, from two Prescient stockholders in a private transaction, over 43% of Prescient’s Series E Preferred S

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