March 3, 2010 at 19:31Novell wants to buy
Elliott Associates' hedge fund, which already owns 8.5% of Novell's shares, has made an offer to shareholders to buy the rest of the company.
They offer little for Novell, according to estimates of the resource theregister.co.uk , in total Elliott incurs a net cost of ~ $ 1 billion. This despite the fact that the company's capitalization is $ 1.67 billion. However, regardless of this, Novell shares soared by 30% for one trading session.
Analysts predict a betting race when another interested company can make a big bet and offer more money for Novell. In any case, the next open source company is on the verge of absorption.
According to the IDC cnet.com refers toin the world, more and more companies are choosing free Linux installations instead of paid distributions. In addition, Windows Server in terms of server units is being sold more and more than 70% of the market. Linux, on the other hand, still makes quite a significant profit for Novell.
Let's see how events will develop. In any case, the picture is interesting.
via www.theregister.co.uk/2010/03/03/novell_elliott_take_private
They offer little for Novell, according to estimates of the resource theregister.co.uk , in total Elliott incurs a net cost of ~ $ 1 billion. This despite the fact that the company's capitalization is $ 1.67 billion. However, regardless of this, Novell shares soared by 30% for one trading session.
Analysts predict a betting race when another interested company can make a big bet and offer more money for Novell. In any case, the next open source company is on the verge of absorption.
According to the IDC cnet.com refers toin the world, more and more companies are choosing free Linux installations instead of paid distributions. In addition, Windows Server in terms of server units is being sold more and more than 70% of the market. Linux, on the other hand, still makes quite a significant profit for Novell.
Let's see how events will develop. In any case, the picture is interesting.
via www.theregister.co.uk/2010/03/03/novell_elliott_take_private