Lawson Software Merger OK'd

Lawson Software LWSN today announced that it has filed with the Securities and Exchange Commission, and will commence mailing of, definitive proxy materials in connection with the proposed merger transaction with GGC Software Holdings, Inc., an affiliate of Golden Gate Capital and Infor. As previously announced on April 26, 2011, Lawson signed a definitive merger agreement to be acquired by GGC Software, under which Lawson stockholders would receive $11.25 per share in cash. The Company also announced that the Federal Trade Commission has granted early termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 for GGC Software's proposed acquisition of Lawson. The transaction has also received German antitrust clearance. A special meeting of Lawson stockholders to consider and vote upon, among other things, the proposed merger has been scheduled for Wednesday, June 29, 2011, at 10:00 a.m. Central Time at Lawson's Corporate Headquarters, Hiawatha & Superior Meeting Rooms, 380 Saint Peter Street, St. Paul, Minnesota, 55102. Lawson stockholders of record at the close of business on Friday, May 27, 2011, will be entitled to vote at the special meeting. The Board of Directors of Lawson has unanimously approved the GGC Software transaction and recommends that all Lawson stockholders vote "FOR" the proposal to adopt the merger agreement. Lawson stockholders are encouraged to read the Company's definitive proxy materials in their entirety as they provide, among other things, a detailed discussion of the process that led to the proposed merger and the reasons behind the Board of Directors' unanimous recommendation that stockholders vote “FOR” the proposal to adopt the merger agreement.