March 14, 2011 – Business application software provider Lawson Software Inc. is mulling an unsolicited buyout proposal of $1.8 billion from rival Infor Global Solutions and private equity firm Golden Gate Capital.
The non-binding offer would involve acquisition of Lawson’s outstanding common stock at $11.25 per share, according to a company news release. Lawson’s board of directors has retained financial advisors from Barclays Capital Inc. and continues to evaluate the deal, which was first offered late Friday, according to Lawson spokesperson Terry Blake.
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