TITLE

Software Giants Likely to Circle Lawson

AUTHOR(S)
Noto, Anthony
PUB. DATE
March 2011
SOURCE
Mergers & Acquisitions Report;3/21/2011, Vol. 24 Issue 12, p13
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports on the expected non-participation of Microsoft and IBM at the auction for Lawson Software Inc. According to Longbow Research analyst Steve Koenig, IBM would not want to muddle its relationship with SAP AG so it will not participate in the event. Lawson Software was forced on the auction block in mid-March 2011 due to the bid by Golden Gate Capital and Infor to buy its entire outstanding stocks for 1.8 billion dollars.
ACCESSION #
69585256

 

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