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Golden Gate Capital to Buy Lawson Software for $2 Billion

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By Adam Satariano and Katie Hoffmann

April 26, 2011 at 8:16 PM UTC

This article is for subscribers only.

Golden Gate Capital Corp. and software maker Infor agreed to buy Lawson Software Inc. for about $2 billion, gaining programs that help run businesses.

Stockholders of Lawson will receive $11.25 a share in cash, according to a statement today. The stock had risen to $12.13 as of yesterday after the St. Paul, Minnesota-based company disclosed on March 11 it was in discussions with Golden Gate and Infor about an unsolicited bid of $11.25 a share.