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From the December 22, 1992 issue of the _Wall Street Journal_, page
B1.  Reprinted without permission.

Novell Agrees To Buy AT&T's Unix System

Novell Inc. gained a weapon in its battle with Microsoft Corp.,
agreeing to purchase American Telephone & Telegraph Co.'s Unix System
Laboratories for about $360 million in stock.

The deal gives Novell control of Unix, a computer operating system
that is widely used with high-perfoamnce desktop computers called
workstations.  In return, AT&T, which long has wanted to make a
graceful exit from the operating-system business, gains a 3% stake in
Novell, the second-largest supplier of PC software after Microsoft.
Other shareholders of Unix System (sic) will get a 1% interest in
Novell.

[...]

After the announcement yesterday, concern that Novell was paying too
much for Unix drove down its shares, which closed at $27.25, off
$1.50, in national over-the-counter trading.

[...]

"We're kind of like the parent of the bride," said [Robert M.] Kavner,
who once spearheaded AT&T's computer strategy.  With Novell, Unix is
"in the right hands," he said.

[...]

[After seeing Univel's UnixWare, I'm really scared for the future of
Unix.  Univel took SVR4.2 and ruined it completely...I just hope that
Novell doesn't do the same thing with Unix in general.  Is this the
price we have to pay for Unix on the desktop?]

-- 
Marc Unangst, N8VRH         | "Of course, in order to understand this you
mju@mudos.ann-arbor.mi.us   |  have to remember that the nucleus of the atom
                            |  is squishy."
                            |    -W. Scheider, from a Physics lecture