Computer Business Review: Novell Under Pressure from Investors
Sep 15, 2005, 17:30 (3 Talkback[s])
(Other stories by Matthew Aslett)
[ Thanks to Rob for this link.
]
"The pressure is growing on Novell Inc's management to make
major strategic changes after a regulatory filing revealed a Novell
shareholder has joined Credit Suisse First Boston in calling for
change at the identity management and Linux vendor.
"Investment firm Blum Capital Partners LP owns or controls 5% of
Waltham, Massachusetts-based Novell's outstanding shares, according
to the filing, and has repeatedly called on Novell to take steps
including cutting costs, divesting non-core businesses, and
implementing a share repurchase program..."
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