Friday, June 23, 2006

Novell Ousts 2 Executives in an Effort to Lift Shares - New York Times

Novell Ousts 2 Executives in an Effort to Lift Shares - New York Times: "'The board concluded that a management change would be the best way to accelerate the execution of our growth strategy and build value for shareholders,' said Thomas G. Plaskett, a director of Novell since November 2002. He was also named nonexecutive chairman."

Given Novell's current cash/short-term investment-to-market cap index, I suspect there are many financial analysts and business development people who believe the best way to build value for shareholders to have NOVL acquired, e.g., by IBM or Oracle.

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