Carl Icahn Buys 8.5% Stake In Lawson Software

Posted May 25, 2010

Carl C. Icahn has acquired an 8.5% stake in Lawson Software, Inc. (NASDAQ:LWSN). Icahn now plans to discuss the business operations with Lawson’s management. Icahn is also currently in a battle for taking over Lions Gate Entertainment. Icahn said he bought stake in the company because he felt that the shares were undervalued. [NY Times]