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Novell director buys shares

By Associated Press

June 27, 2008

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A director of business software maker Novell Inc. bought 10,000 shares of common stock, according to a Securities and Exchange Commission filing Thursday.

In a Form 4 filed with the SEC, Claudine B. Malone reported she bought the shares on Tuesday for $6.06 apiece.

Insiders file Form 4s with the SEC to report transactions in their companies' shares. Open market purchases and sales must be reported within two business days of the transaction.

Novell is based in Waltham, Mass.

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