[svlug] Novell Agrees To Private-Equity Takeover For $2.2B
Ron Jackson
rjacksonhi at yahoo.com
Mon Nov 22 11:31:42 PST 2010
Novell said Monday that Attachmate Corp.--which is owned by an
investment group led by Francisco Partners, Golden Gate Capital and
Thoma Bravo--will buy it for $6.10 a share in cash, a 9.1% premium to
Friday's closing price.
The company also agreed to sell some intellectual property assets to
CPTN Holding LLC, a consortium of tech companies organized by Microsoft
Corp. (MSFT), for $450 million, part of the takeover's total price tag.
http://online.wsj.com/article/BT-CO-20101122-709180.html
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