INFOR BIDS FOR LAWSON

Infor logoInfor and its backer Golden Gate Capital have made an unsolicited offer to acquire Lawson Software at a price of $11.25 per share cash. Lawson has retained Barclays Capital as its financial advisor to evaluate the proposal and another alternatives. Based on the number of shares outstanding at the end of the third quarter on November 30, that’s about $1.8 billion.

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