Displaying items by tag: Hedge Funds

Progress Software Corporation (NASDAQ: PRGS), a leading independent enterprise software provider that enables companies to be operationally responsive, predicts that greater access to key technologies and a shift in attitudes to corporate responsibility will create a more transparent trading environment, changing the face of capital markets as we know it.

After the hedge fund Elliott Associates made known its bid for Novell, at some kind of bargain basement price of under a billion US dollars, it seems unlikely that the company will not be acquired by either the fund or some other suitor who is waiting in the wings.