Icahn acquires stake in Lawson Software



Via ForePros/Reuters,

“Activist shareholder Carl Icahn said he acquired an 8.54 stake in Lawson Software Inc as of May 11 and plans to discuss the company’s business and operations with Lawson management.

The billionaire, who is now in a battle to take over Lions Gate Entertainment Corp , and is pushing for a seat on the board at biotechnology company Genzyme Corp, said in a regulatory filing that he purchased the Lawson stake because the shares were undervalued.”

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