Lawson Software Stockholders Approve Merger Agreement with Affiliate of Golden Gate Capital and Infor

Lawson Software LWSN today announced that at the special meeting of Lawson's stockholders held today, the stockholders voted to approve the proposed merger with GGC Software Holdings, Inc., an affiliate of Golden Gate Capital and Infor. The proposal to adopt the merger agreement was approved by approximately 68.9% of the total number of shares outstanding as of the May 27, 2011 record date for the special meeting, and by more than 98.4% of the shares voted. In addition, the non-binding proposal regarding certain merger-related executive compensation arrangements was approved by more than 93.6% of the shares voted.