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Novell Gets $2 Billion Takeover Offer From Elliott

From BusinessWeek: Novell Inc., a seller of network software whose stock has slid 85 percent in the past decade, received an unsolicited takeover bid from shareholder Elliott Associates LP that values the company at about $2 billion. Novell’s shares jumped as much as 37 percent to $6.51 in
03 Mar 2010 4 min read
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