Novell Declines $2 Billion Takeover Bid

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http://news.softpedia.com – Novell has announced that it has declined a takeover bid from New York-based hedge fund Elliott Associates L.P. saying that the bid "undervalued" the company. The open-source software maker says it is looking at other alternatives to "enhance stockholder value" including looking for other potential buyers. Elliott Associates offered to buy Novell a couple... (read more) (General)