AttachMSFT Needs to Borrow More Money to Buy Novell

view full story

http://techrights.org – Summary: AttachMSFT [sic] does not have enough money to complete an acquisition of Novell, so it is reaching out for a loan IN THE coming days we shall cover the AttachMSFT acquisition of Novell and the barriers which remain, including the important fall of the CPTN deal and the many lawsuits from investors. One of the lesser-discussed barriers is actually financial and according to this report from Bloomberg: Attachmate Corp., the connectivity solutions provider owned by private-equity firms, is seeking $1.09 billion in loans to finance its acquisition of Novell Inc. Attachmate is seeking (General)