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NEW YORK (Reuters) – Lawson Software (LWSN.O) said late on weekday it had conventional an unsolicited effort from privately held code consort Infor and Golden Gate Capital to take all its unpaid ordinary stock at $11.25 per share in cash.

Shares of the code concern winking on weekday at $11.55, after having risen 18 proportionality since Tuesday, when Reuters reportable it had hired Barclays Capital (BARCBC.UL) to explore a sale of the business.

The substance price from Infor and Golden Gate Capital -- a San Francisco clannish justness concern that holds a major wager in Infor -- would continuance Lawson at $1.8 billion.

Lawson said in a promulgation it is conducting talks with Infor and Golden Gate, but there is no assurance an commendation module be reached.

The consort said it does not intend to interpret boost unless and until an commendation is reached, discussions with Infor and Golden Gate have been terminated, or Lawson's commission concludes an current strategic review.

Officials with Infor and Golden Gate Capital could not directly be reached for comment.

Reuters, citing grouping old with the process, on weekday said Lawson had hired Barclays in past weeks and that its review of strategic alternatives is in the early stages and could allow other options.

The sources said doable bidders might allow Infor, owned by Golden Gate Capital, Hewlett-Packard Co (HPQ.N), International Business Machines Corp (IBM.N), Microsoft Corp (MSFT.O), Oracle Corp (ORCL.O) and SAP (SAPG.DE).

Billionaire investor Carl Icahn owns most one-tenth of Lawson, which is based in St. Paul, Minnesota.

(Reporting by Ransdell Pierson; Editing by Ed Lane)

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