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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 I still wonder: Will Novell and Elliott Associates reach a buyout agreement in time for Novell BrainShare? Here's some speculation.
Novell Inc, the the No. 2 publicly held maker of Linux software, said on Friday it has no plans to sell itself after an analyst said the company's finance chief considered the idea.
Novell Inc. lied about owning the copyrights for the Unix computer operating system then collaborated with IBM to damage Unix owner The SCO Group, the latter's attorney told a federal court jury Tuesday.
First up, no one at Novell is going to want to be acquired by Elliott. Why? Because Elliott will almost certainly want to break Novell up and sell the pieces.