Report: Deal for Lawson Software is c...

Report: Deal for Lawson Software is close

There are 21 comments on the TwinCities.com story from Apr 25, 2011, titled Report: Deal for Lawson Software is close. In it, TwinCities.com reports that:

Lawson Software in downtown St. Paul. The sale of Lawson Software to a private equity firm and a rival business software company is close, the Wall Street Journal reported this morning.

Join the discussion below, or Read more at TwinCities.com.

First Prev
of 2
Next Last
Get a Grip

Saint Paul, MN

#1 Apr 25, 2011
Looks like another empty buidling ....
Jack Hammer

Longview, WA

#2 Apr 25, 2011
$1.8b seems awfully high for a marginal set of software suites, rivaled only by PeopleSoft's poorly functioning product.
Sparky

Minneapolis, MN

#3 Apr 25, 2011
I give Lawson HQ in Saint Paul 6 fiscal quarters after this deal closes. That is more than enough time for Infor to move all of the technical and people assets to a (much) lower cost and incredibly more business friendly city, Alpharetta.
GreenPartyPatrio t

Minneapolis, MN

#4 Apr 25, 2011
$1.8 billion for wealthy shareholders while the workers get the shaft. TAX TAX TAX the RICH! And the TAX them again when they die! Stop corporate welfare now... Lawson got a sweetheart tax deal and they still leave! TAX the HELL of companies while they're here!
Great

United States

#5 Apr 25, 2011
Sparky wrote:
I give Lawson HQ in Saint Paul 6 fiscal quarters after this deal closes. That is more than enough time for Infor to move all of the technical and people assets to a (much) lower cost and incredibly more business friendly city, Alpharetta.
More likely Bangalore.
good bye

Minneapolis, MN

#6 Apr 25, 2011
There goes the DFL experiment in "buying" jobs for downtown St. Paul!

Infor acquires companies like this for a reason....
wow

Minneapolis, MN

#7 Apr 25, 2011
Great wrote:
<quoted text>
More likely Bangalore.
More likely Manila, since they already have a division based there.

Since: Mar 11

Cottage Grove, MN

#8 Apr 25, 2011
Nothing good will come from the private equity investment. Their approach to rape and pillage a highly leveraged organization will be the death nail for Lawson.
Mary Allen

United States

#9 Apr 25, 2011
Check out Monster.com India if you are looking to send out some resumes. Expand your horizons. One Claims Associates position at UHC said in the posting
that you only have to type 13 to 15 words per minute, seriously. Now who can't handle that?? The US is DONE, our jobs here are DONE......we have NO future.
You think I am crazy!!?? Give it a year or two and more high gas prices.
butch

Wayzata, MN

#10 Apr 25, 2011
More vacancy (if that were possible) to the dump city that can't even bribe/subsidize business to stay in town.

Penny stock that will get taken out with little or no premium because they have to discount for the fact that it is in a "business hostile" city with a high state tax climate controlled by the sins of past libs, loon, and dumbocrats!
kim

Saint Paul, MN

#11 Apr 25, 2011
Relax, people. Yes, it's scary for all of the employees and for the city of St. Paul (which is NOT a dump, by the way). And yes, the corporate greed is gross. But that is life and that is business. Aquisitions happen all the time and the world still turns. To bring up gas prices is both irrelevant and ignorant. It is possible that Infor will keep Lawson as a branch and not completely wipe it out. No need to jump to conclusions quite yet.
Larry

Saint Paul, MN

#12 Apr 25, 2011
Get those resumes up to date.
Jack Hammer

Longview, WA

#13 Apr 25, 2011
kim wrote:
It is possible that Infor will keep Lawson as a branch and not completely wipe it out. No need to jump to conclusions quite yet.
Unfortunately, that is not typical of their business practices.
monroe

Minneapolis, MN

#14 Apr 25, 2011
butch wrote:
More vacancy (if that were possible) to the dump city that can't even bribe/subsidize business to stay in town.
Penny stock that will get taken out with little or no premium because they have to discount for the fact that it is in a "business hostile" city with a high state tax climate controlled by the sins of past libs, loon, and dumbocrats!
Didn't the city float some kind of loan or funding for Lawson to build the new building?

Since: Apr 10

Minneapolis, MN

#15 Apr 25, 2011
After St. Paul's subsidy for the office tower in which Lawson is the main tenant, Lawson had better not move any jobs out of Minnesota.

"St. Paul has now offered a $24 million subsidy to help build a new downtown office tower in which Lawson would become the main tenant." (St. Paul Pioneer Press, February 26, 1997 http://www.minneapolisfed.org/publications_pa... )
Or What

Delano, MN

#16 Apr 25, 2011
spike60 wrote:
After St. Paul's subsidy for the office tower in which Lawson is the main tenant, Lawson had better not move any jobs out of Minnesota.
"St. Paul has now offered a $24 million subsidy to help build a new downtown office tower in which Lawson would become the main tenant." (St. Paul Pioneer Press, February 26, 1997 http://www.minneapolisfed.org/publications_pa... )
Makes no difference if St Paul feels they have a hold on Lawson because of lame deal in 1997. Fact of the matter is the company will just move out and St Paul will flap it's lipps a bunch and storm around the room throwing a hissy fit.

Bye Bye Lawson.

Minnesota is minus another 500 jobs, Boston Scientific just layed off a bunch a well. More houses on the market.

Since: Dec 09

Saint Paul, MN

#17 Apr 25, 2011
spike60 wrote:
After St. Paul's subsidy for the office tower in which Lawson is the main tenant, Lawson had better not move any jobs out of Minnesota.
"St. Paul has now offered a $24 million subsidy to help build a new downtown office tower in which Lawson would become the main tenant." (St. Paul Pioneer Press, February 26, 1997 http://www.minneapolisfed.org/publications_pa... )
We did more than offer $24 million in subsidies... we paid for the whole building at a cost of $102 million. Then Norm Coleman sold half the complex to the developer for $53 million, who flipped it four years later for a $31 million profit. And guess what, the taxpayers still owe $29 million on the property. Thanks Norm...

Sad thing is I still voted for him years later.

“'Raising Saint Paul'”

Since: Mar 11

Saint Paul

#18 Apr 25, 2011
The Lawson Center is a beautiful complex... Was it BWBR architects who designed it? A near perfect match for the site; it compliments so well the notable surrounding buildings: Landmark Center, Hamm, Lowry and the St. Paul Hotel of course.

It took more than Mayor Norm Coleman to perhaps shortchange the people of Saint Paul as far as the public financing involved and subsequent sale of the office portion of the Lawson complex to a private entity. It took a willing City Council to make it happen.

The predictions here say Lawson will leave... If this comes to pass the Lawson complex will remain Class A space, the majority of the office space there offers tremendous views of the Rice Park area and Cathedral Hill. Even with the struggles Saint Paul continues to face, its best days can still yet be ahead.
rmn

Saint Paul, MN

#19 Apr 26, 2011
'There goes the DFL experiment in "buying" jobs for downtown St. Paul!'

You are 100% wrong -- it was Norm Coleman and his cronies that did this -- typical conservative -- either they are a liar or they are an idiot, or most likely, both.

Since: Dec 09

Saint Paul, MN

#20 Apr 26, 2011
It was designed by BWBR, who are also based in the building. I really do doubt Lawson will leave. Too much pessimism around here.

Tell me when this thread is updated:

Subscribe Now Add to my Tracker
First Prev
of 2
Next Last

Add your comments below

Characters left: 4000

Please note by submitting this form you acknowledge that you have read the Terms of Service and the comment you are posting is in compliance with such terms. Be polite. Inappropriate posts may be removed by the moderator. Send us your feedback.

Lawson Software Discussions

Title Updated Last By Comments
News Golden Gate Capital, Infor buying Lawson Softwa... (Apr '11) Aug '11 Wyoming 42
News Who's Fighting for Investors Here? (Apr '11) Apr '11 Nomo Blockbuster 1
News Oracle could trump Infor's bid for Lawson Software (Mar '11) Mar '11 Bill Hosko 1
News St. Paul cautious on possible Lawson sale (Mar '11) Mar '11 downtown 22
News Lawson Software gets takeover offer (Mar '11) Mar '11 Michael Madone 8
News Icahn ups stake in Lawson to 10 percent (Oct '10) Oct '10 f ed company 2
News How Lawson Software responds to Carl Icahn is k... (Jun '10) Jun '10 Black Widow 1
More from around the web