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Kendall Law Group Investigates Lawson Software Inc. Acquisition for Shareholders

^{Published on 2011-04-26 06:45:53 - Market Wire}
 

DALLAS--([ BUSINESS WIRE ])--[ Kendall Law Group ], led by former federal judge Joe Kendall, is investigating Lawson Software Inc. (NASDAQ: LWSN) for shareholders in connection with the proposed acquisition by an affiliate of Golden Gate Capital. The national securities firma™s investigation seeks to determine whether Lawson Software and its Board breached their fiduciary duties by entering into the agreement without properly shopping for a deal that would provide better value for shareholders. If you are a Lawson Software shareholder and would like additional information about your rights, contact the Kendall Law Group at 877-744-3728 or by email at [ skendall@kendalllawgroup.com ].

On April 26, 2011, the companies announced the definitive merger agreement under which Lawson Software would be acquired by an affiliate of Golden Gate Capital, in a transaction valued at approximately $2 billion. Under the terms of the agreement, Lawson Software stockholders will receive $11.25 in cash for each share of Lawson Software/LWSN common stock held. The offer represents a 7.3% discount to Lawson Softwarea™s closing price on April 27, 2011. According to Thompson/First Call, analysts have set a price target as high as $15.00 per share for Lawson Software stock. The firma™s investigation seeks to determine whether Lawson Software and its Board undertook a fair process in negotiating the deal.

Kendall Law Group was founded by a former federal judge, includes a former United States Attorney, prosecutors and securities lawyers who are experienced in complex securities litigation. The firm has been counsel in numerous merger and acquisition cases nationwide, including some of the largest transactions in the United States.