Lawson Investor Sues Over $2B Golden Gate-Infor Deal

Law360, New York (May 4, 2011, 3:35 PM EDT) -- A Lawson Software Inc. shareholder filed a class action in Delaware state court Tuesday over a $2 billion buyout bid from Golden Gate Capital LP and Infor Global Solutions Inc., challenging both the consideration offered and the sale process itself.

When rumors of the deal surfaced, speculation over whether Lawson would land a more lucrative offer or push Golden Gate and Infor into boosting their offer drove up its stock price. But the company found no more attractive suitors during a six-week search, and its directors,...
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