Lawson gets $1.8B buyout offer
Lawson Software has received an unsolicited, non-binding proposal from Infor and Golden Gate Capital to acquire all of Lawson’s outstanding common stock at a price of $11.25 per share in cash, or approximately $1.8 billion. The parties are engaged in discussions regarding the proposal; however, there is no assurance that any agreement will be reached, according to a statement on the St. Paul, Minn.-based Lawson website.
Lawson’s board of directors has retained Barclays Capital as its financial advisor to assist in evaluating the proposal, as well as other possible strategic alternatives, according to the statement.
Lawson provides software, maintenance and consulting to industries including healthcare.
Lawson’s board of directors has retained Barclays Capital as its financial advisor to assist in evaluating the proposal, as well as other possible strategic alternatives, according to the statement.
Lawson provides software, maintenance and consulting to industries including healthcare.