Novell has agreed to sell the rest of the company to the software maker Attachmate.
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Indeed, the recent Attachmate-Novell merger represents cost-cutting play as opposed to the equity-friendly growth story pitched by Asurion.
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Novell is undergoing a transition as it has been acquired by software company Attachmate, and the patent sale is part of the acquisition deal.
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And the fact that Attachmate recently pulled its transaction shows that investors have limits and are not willing to go along with the most aggressive dividend proposals.
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