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Lawson Software receives unsolicited proposal from Infor and Golden Gate Capital(EquityBites Via Acquire Media NewsEdge) Enterprise software company Lawson Software Inc (Nasdaq:LWSN) declared on Friday that Infor and Golden Gate Capital proposed a cash acquisition of all its outstanding common stock at USD11.25 per share, Additionally, the company said that this unsolicited and non-binding proposal were being discussed by both parties but there is no assurance of an agreement being reached and will not comment further until any final result is achieved. Further, the company's board of directors retained Barclays Capital Inc as financial advisor to help evaluate the proposal and other alternatives. ((Comments on this story may be sent to [email protected])) (c) 2011 M2 COMMUNICATIONS [ Back To TMCnet.com's Homepage ] |