The "vulture fund" responds to Novell's first rejection of a takeover, which still leaves room for more offers to be made

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.

It's rutting season for Novell's Ron Hovsepian and Elliott Associates' Singer as the company keeps diminishing but wants to be valued more generously

There's nothing like starting a technical conference, like Novell's BrainShare, off with a bang. Or, in this case telling Elliot Associates' unwelcome offer of not quite $2-billion for the company that Novell has no interest in selling out, not for that little anyway.

Novell's CEO on Saturday notified customers that the open source software company has rejected hedge fund Elliott Associates' roughly $2 billion bid to take it private.

Updates from the news regarding what seems like Novell's imminent sale

Disagreement between the press and the hostile acquirer as to whether or not Novell would stay in tact

The hedge fund Elliott Associates said Tuesday afternoon that it had made an offer to buy Novell in a deal that valued the business software company at about $2 billion. Elliott said it would pay $5.75 a share in cash for Novell, a price that is 21 percent higher than Novell's closing stock price on Tuesday.

VANQUISHER OF SCO Novell, which is seeing off a buyout from a vulture capitalist fund, has annouced it will release a SUSE flavour of Meego that is a fully supported Linux operating system for netbooks.