INFOR RAISED $1 BILLION NEW EQUITY

Charles Phillips, InforInfor has raised more than $1 billion in new equity over the last year. That number was given as the company said it had a new investment from its chief backer, Golden Gate Capital, and from Summit Partners and that it had also refinanced the company's debt capital structure. The announcement noted the completion of the merger of Infor and Lawson Software.  Golden Gate and Infor had purchased Lawson last year. Read more...

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