Elliott Associates' Buyout Bid for Novell Rejected

Summary


MANAVIGATOR-March 22, 2010-Elliott Associates' buyout bid for Novell rejected (C)2010 M2 COMMUNICATIONS http://www.m2.com

US corporate software company Novell (NASDAQ:NOVL) rejected on Sunday a USD2bn (EUR1.5bn) takeover bid from New York-based private- equity firm Elliott Associates.

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Elliott Associates' Buyout Bid for Novell Rejected

Novell said the offer was inadequa...

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