Novell Not for Sale, But Perhaps Should Be

Article Source The Open Road
June 22, 2009, 8:56 am

Last week rumors swirled that Novell was planning to put some or all of its assets on the auction block. The rumors derived from J.P. Morgan analyst John DiFucci’s misinterpretation of Novell CFO Dana Russell’s comments, suggesting that Novell “entertained the possibility of breaking out some parts of or selling the entire company, in order to maximize shareholder value given the current depressed valuation levels.”

Novell has since denied the implication that it’s for sale. But it shouldn’t be so hasty…

Read More