hedge funds

  • Vulture Fund Elliott Swoops Towards Novell

    Posted March 3, 2010 - 11:21 am

    Finally, an actual offer to buy Novell, after years of rumors of takeovers by such stalwarts as Sun and Oracle. But the company making the bid has a history of investing in distressed companies and extracting core value to sell for a profit. Which begs the question, would Novell survive the surgery?

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