Novell steering clear of SCO Group buyout, attorney says
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Last month, Stephen Norris, head of the Stephen Norris Capital Partners that is bidding to buy majority interest in the Lindon-based SCO Group, said he hoped the planned investment would spur settlement of the SCO-Novell lawsuit. But Ryan Richards, Novell's acting general counsel, said Monday at the company's BrainShare conference in Salt Lake City that there had been no contact with Norris, and Novell had yet to see details of the proposed takeover. However, Novell President and CEO Ronald Hovsepian indicated his company might be open to a settlement.
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