The hedge-fond Elliot offers to overtake Novell.. They think to be able to maximize profit much better then the current management. By knowing the hedge-fond mentality (and who probably stands behind these fonds) it is IMHO a question of time that Novell becomes a hull and through exaggerated premium payments the whole box will bleed out.
Will be then hard to find a real KDE based distribution in the future. Any suggestion apart of Mandriva (who has a management issue already)?
What do you think about the news? Am I too negative?
Discuss.
This was already discussed here : Novell Soars on Takeover Offer - openSUSE Forums
Anyway, I don’t think Novell will accept the offer, as the company as much more value than what is offered. Also, Novell has again good financial results.
Sorry, did not see the thread. (And did not think it was actually a “tech news”).
No worries. I don’t think either that “Tech news” is the right place for that. Here is another thread on the same topic that might interest you : Novell is in the game - openSUSE Forums
Spyhawk wrote:
> This was already discussed here : ‘Novell Soars on Takeover Offer -
> openSUSE Forums’ (http://tinyurl.com/yd4z3d9)
and here: ‘Novell is in the game’ -
(http://forums.opensuse.org/showthread.php?t=434308)
and here: ‘(OT) Hedge Fund Wants Novell’ alt.os.linux.suse &
comp.os.linux.misc
–
palladium
On Thu, 04 Mar 2010 12:36:02 +0000, stakanov wrote:
> The hedge-fond Elliot offers to ‘overtake Novell.’
> (http://tinyurl.com/yzdo2ap). They think to be able to maximize profit
> much better then the current management. By knowing the hedge-fond
> mentality (and who probably stands behind these fonds) it is IMHO a
> question of time that Novell becomes a hull and through exaggerated
> premium payments the whole box will bleed out. Will be then hard to find
> a real KDE based distribution in the future. Any suggestion apart of
> Mandriva (who has a management issue already)? What do you think about
> the news? Am I too negative? Discuss.
As I’ve said in several different places, don’t panic. It’s an offer;
Novell’s a publicly traded company. Someone’s thinking of buying up all
the shares. <shrug> If it happens, it happens. I don’t doubt for one
minute that this community is resilient enough to deal with that should
it happen. It did after all survive Novell’s acquisition of SUSE.
Jim
Jim Henderson
openSUSE Forums Administrator
Yes but this shows why publicly traded companies are not such a good thing anymore, any old company could buy stock in Novell, buy it out and do what they please with its software… Like Microsoft would.
These days with such a sour economy and crappy stock market makes you wonder why most companies just give up and go private.
No greedy CEO’s that way.
On Thu, 04 Mar 2010 22:16:01 +0000, TaraIkeda wrote:
> Yes but this shows why publicly traded companies are not such a good
> thing anymore, any old company could buy stock in Novell, buy it out and
> do what they please with its software… Like Microsoft would.
There are regulatory reasons why this doesn’t happen, though. Which is
one reason why Microsoft hasn’t and couldn’t.
Jim
–
Jim Henderson
openSUSE Forums Administrator
yes but when things like that worked?
Its becoming harder to keep out of the buyout game.
On Thu, 04 Mar 2010 22:56:01 +0000, TaraIkeda wrote:
> yes but when things like that worked? Its becoming harder to keep out of
> the buyout game.
I’ve seen it happen several times - before working for Novell, I worked
for a food & drug retailer that was acquired, and the regulations
prevented the acquisition from moving forward until certain stores were
divested because of a potential monopoly in one state in the US.
Mergers and acquisitions are never simple. The experience I described
was between two US-only companies; if Microsoft were to even think about
acquiring Novell, I’m sure the EU commission would have some serious
concerns about it, and they certainly haven’t been shy about going after
Microsoft for antitrust violations, have they?
Acquisitions typically are “easy” for much smaller companies.
Jim
–
Jim Henderson
openSUSE Forums Administrator
Bah, openSUSE and Ubuntu may not be sexy names, but Hedgefund Linux is an even worse name. lol!
(Only concerned about taking over lunch soon. ;))
On Fri, 05 Mar 2010 01:16:01 +0000, ken yap wrote:
> Bah, openSUSE and Ubuntu may not be sexy names, but Hedgefund Linux is
> an even worse name. lol!
>
> (Only concerned about taking over lunch soon. ;))
LOL, I can’t disagree with you on that name. 
As for me, the steaks are almost done.
Jim
Jim Henderson
openSUSE Forums Administrator
The merger of Sanofi and Aventis comes to mind - originally Novartis wanted Aventis but the French government would not allow it;
Jim Henderson wrote:
> As for me, the steaks are almost done.
yeah, i figured you as one of those steak eating corporate fat cats!
i type as my single bowl of rice for the day cooks…i found a run
over frog, dried in the sun, squashed falt in the middle of the road…
so i’ll have meat in my rice today…YIPEE!!
–
palladium
Frog? Shouldn’t you be eating geckos? 
ken yap wrote:
> Frog? Shouldn’t you be eating geckos?
well, i’ve any geckos walking around my neighborhood to get run over!
–
palladium
(i may stay up all night just to see how “Fat Cat” Henderson retorts!)
On Fri, 05 Mar 2010 13:32:50 +0000, palladium wrote:
> Jim Henderson wrote:
>> As for me, the steaks are almost done.
>
> yeah, i figured you as one of those steak eating corporate fat cats!
I wish I got paid for that - I had to cook these myself. Bought from
Costco (which actually has a decent meat department).
My wife and I enjoy cooking at home most of the time; I find that it
costs a lot less to make the same dishes, and they generally taste better
(and are better for you).
For example, we have a cajun chicken pasta dish that I have tweaked from
something I had at Friday’s. At Friday’s, it runs about $17 per serving.
Making it at home, I think we worked it out to about $1.50 per serving.
We hand make the pasta, the sauce, and fry the chicken.
And IMHO it tastes much better.
> i type as my single bowl of rice for the day cooks…i found a run over
> frog, dried in the sun, squashed falt in the middle of the road…
>
> so i’ll have meat in my rice today…YIPEE!!
Yay!
Jim
Jim Henderson
openSUSE Forums Administrator
On Fri, 05 Mar 2010 11:36:02 +0000, RichardET wrote:
> The merger of Sanofi and Aventis comes to mind - originally Novartis
> wanted Aventis but the French government would not allow it;
Yep, and that sort of thing happens a lot.
Jim
–
Jim Henderson
openSUSE Forums Administrator
Try repeating this 20 times with your mouth full during your next lunch: “Elliot Linux”. Wonder if your objections to “Hedgefund Linux” will remain.
Hedge-Hog would be OK? Hedgy-Huggy? openSuSElLiOtnux?
Lunch for me is an opensource thing: openSAUCE Linux