| User Functions | |
Don't have an account yet? Sign up as a New User
Lost your password?
| |
| Who's Online | |
Guest Users: 7
| |
| Poll | |
Will you be upgrading to BES 5.0.1 for GroupWise?
27 votes | 0 comments
| |
|
|
| Author: |
kkbass |
| Dated: |
Friday, March 12 2010 @ 03:58 PM EST |
| Viewed: |
221 times |
|
 Story Inaccurate and Erroneous, No Plans to Sell Any Business Units
March 11, 2010: 05:59 PM ET
NEW YORK, March 11 /PRNewswire/ -- Elliott Associates, L..P. (together with funds under common management), issued the following statement in response to an erroneous and inaccurate story published by Bloomberg today regarding the firm's offer to purchase Novell, Inc. (Nasdaq: NOVL), for $5.75 per share in cash.
"The story that Bloomberg ran today was inaccurate," the firm said. "Elliott has made no statement with respect to its intent regarding Novell. Elliott wants to own the company. Elliott has no plans to sell any business units and to report anything else would be erroneous."
About Elliott
Elliott's two funds, Elliott Associates, L.P. and Elliott International, L.P., together have more than $16 billion of assets under management. The funds' investors include institutions, foundations, endowments, pensions, high net worth individuals, and family offices. The 33-year-old trading firm is one of the oldest of its kind under continuous management.
SOURCE Elliott Associates, L.P.
http://money.cnn.com/news/newsfeeds/articles/prnewswire/NY69395.htm
|
Trackback URL for this entry: http://www.abend.org/trackback.php/20100312155822498
No trackback comments for this entry.
|
Friday, September 03 2010 @ 02:37 AM EDT