Novell will soon cease to exist as its own company.
Shareholders of the former network-software giant voted in favor of Attachment's intent to acquire the company to the tune of $2.2 billion.
At a special investor meeting held yesterday, almost 99 percent of the shares voting approved the takeover, representing a majority of about 66 percent of all of Novell's outstanding stock. Once the merger is completed, Novell shareholders will be able to receive $6.10 in cash for each share of Novell common stock owned.
But the deal is not quite done. Novell said the merger … Read more