Thursday, February 17, 2011

Novell shareholders approve sale to Attachmate

Novell's shareholders have approved the sale of the company to Attachmate for about $2.2 billion, although the deal depends on Novell getting approval to sell hundreds of patents to a consortium led by Microsoft. About 99 percent of the shares voted at Thursday's special shareholder meeting were voted in favor of the acquisition, Novell said. That represented 66 percent of Novell's total outstanding shares, enough for the merger to go ahead.

Source: http://www.infoworld.com/d/the-industry-standard/novell-shareholders-approve-sale-attachmate-048

SYNTEL SYNTAXBRILLIAN

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