Lawson Software, Inc. Merger Litigation (Nasdaq: LWSN)
Law Office of Brodsky & Smith, LLC Announces Investigation of Lawson Software, Inc.
BALA CYNWYD – (BUSINESS WIRE) Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of Lawson Software, Inc. (“Lawson” or the “Company”) (Nasdaq - LWSN - News) relating to the proposed acquisition by GGC Software Holdings, Inc., an affiliate of Golden Gate Capital (“Golden Gate”), and Infor.
Under the terms of the transaction, shareholders of Lawson will receive $11.25 in cash for each share of Lawson they own. The investigation concerns possible breaches of fiduciary duty and other violations of state law by the Board of Directors of Lawson by not acting in Lawson shareholders' best interests in connection with the sale process to Golden Gate. The transaction may undervalue Lawson as Lawson stock traded at $12.50 as recently as April 5, 2011 and an analyst placed a target price for Lawson stock at $15.00 per share.
If you own shares of Lawson stock and wish to discuss the legal ramifications of the proposed transaction, or have any questions, you may e-mail or call the law office of Brodsky & Smith, LLC who will, without obligation or cost to you, attempt to answer your questions. You may contact Jason L. Brodsky, Esquire or Evan J. Smith, Esquire at Brodsky & Smith, LLC, Two Bala Plaza, Suite 602, Bala Cynwyd, PA 19004, by e-mail at email@example.com, or by calling toll free 877-LEGAL-90.
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