Lawson (LWSN) Trading Lower on Dwindling Chances of Better M&A Deal

According to Dealreporter, Lawson Software (Nasdaq: LWSN) is attracting little interest from potential buyers. DR cites three industry bankers familiar with the matter.

DR said that companies like Oracle (Nasdaq: ORCL), Hewlett-Packard (NYSE: HPQ), Microsoft (Nasdaq: MSFT), and SAP AG (NYSE: SAP), among others, are likely not interested in acquiring the St Paul, MN-based enterprise software maker.

Lawson may attract more interest from private equity, including firms like Hellman & Friedman and KKR, according to Dealreporter. Golden Gate didn't respond to a request for comment, though Lawson recently confirmed an offer of $11.25 per share from the California firm.

Dealreporter has no direct knowledge of M&A potential for Lawson, but was merely citing the industry bankers on the information.

Lawson shares are down 2.5% at mid-morning today.

---

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

---

You May Also Be Interested In

• BHP Group (BHP) Said to Weigh Potential Takeover of Anglo American (NGLOY) - Bloomberg
• BofA says there is a continued strength in buybacks
• Tesla (TSLA) soars on Q1 print