Shareholders of St. Paul-based Lawson Software Inc. voted at a special stockholders meeting Wednesday to approve the company's $2 billion acquisition.
Lawson is being bought by Golden Gate Capital, a San Francisco-based private-equity firm, and the business software provider Infor.
Lawson, a provider of business software, first disclosed the $11.25 per share deal in April. A closing date for the transaction hasn't been announced.
Lawson stockholders representing 68.9 percent of the total shares outstanding voted to approve the merger of Lawson with GGC Software Holdings, an affiliate of Golden Gate Capital and Infor.
Lawson stock closed at $11.19 per share Wednesday, down 2 cents, but rose in after-hours trading to $11.21.
STEVE ALEXANDER
