Filed under: Novell Inc (NOVL)
On March 2, hedge fund operator Elliott Associates made a $5.75 per share offer for Novell (NOVL). The valuation of the deal was roughly $2 billion.
Well, after much consideration, Novell has finally responded. And as should be no surprise, the company says the bid is "inadequate."
Continue reading Novell Says No to a $2 Billion Buyout Offer
Novell Says No to a $2 Billion Buyout Offer originally appeared on BloggingStocks on Sun, 21 Mar 2010 14:10:00 EST. Please see our terms for use of feeds.
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Full story at http://www.pheedcontent.com/click.phdo?i=269ca87368cd773cece47f5dbd974eb2
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