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April 26, 2011 03:29 pm GMT
Lawson Software, a global provider of enterprise software this morning announced that it has signed a definitive agreement to be acquired by GGC Software Holdings, an affiliate of private equity investment firm Golden Gate Capital and Infor. The transaction has a total value of approximately $2 billion. Under the terms of the merger agreement, stockholders of Lawson will receive $11.25 per share in cash, a premium of about 14 percent to Lawson's closing share price on March 7, 2011, the last trading day prior to news reports speculating about a potential deal brewing.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/D-YM8FfJeTU/
Enterprise Software Maker Lawson Bought By Golden Gate, Infor In $2 Billion Deal
Lawson Software, a global provider of enterprise software this morning announced that it has signed a definitive agreement to be acquired by GGC Software Holdings, an affiliate of private equity investment firm Golden Gate Capital and Infor. The transaction has a total value of approximately $2 billion. Under the terms of the merger agreement, stockholders of Lawson will receive $11.25 per share in cash, a premium of about 14 percent to Lawson's closing share price on March 7, 2011, the last trading day prior to news reports speculating about a potential deal brewing.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/D-YM8FfJeTU/
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