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Elliott Associates: Novell Won't Go to Pieces

Mar 12, 2010, 22:32 (8 Talkback[s])

[ Thanks to The VAR Guy for this link. ]

"Elliott Associates, the hedge fund that's seeking to acquire Novell and SUSE Linux, is denying a report that it plans to break up Novell and sell off the pieces. Hmmm… But The VAR Guy still wonders: Will Novell and Elliott Associates reach a buyout agreement in time for Novell BrainShare — a big customer and partner that starts March 21? Here's some speculation.

"A report by Bloomberg News suggested that Elliott Associates planned to buy Novell then potentially sell off some or all of the pieces. But a March 11 statement from Elliott Associates denied the report"

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