Informatics General rejected a merger offer.

Informatics General of Woodland Hills said its board of directors rejected as “inadequate and not in the best interest of shareholders” an unsolicited offer by Sterling Software. The $25-per-share cash offer for each of Informatics’ 4.97 million shares outstanding was conditioned on Sterling’s ability to secure financing, among other things. Informatics said the offer prompted it to form a committee of directors to explore “various alternatives to maximize shareholder values.” Earlier this month, the computer services company sent to shareholders two anti-greenmail proposals that will be voted on at Informatics’ annual meeting May 9.