Computer Associates announces Delaware Court has denied motion to enjoin consummation of Cheyenne tender offer.ISLANDIA, NY/ROSLYN HEIGHTS, NY--(BUSINESS WIRE)--Nov. 7, 1996-- Computer Associates International Inc. (NYSE NYSE See: New York Stock Exchange :CA) and Cheyenne Software Inc. (ASE (Adaptive Server Enterprise) A relational DBMS from Sybase that runs on Windows NT/2000, Linux and a variety of Unix platforms. ASE is a comprehensive and robust data management product with a long history dating back to the late 1980s. :CYE CYE Curb Your Enthusiasm (TV show) CYE Close Your Eyes CYE Check Your Email CYE Calendar Year End CYE Choose Your Event CYE Curtis Youngblood Enterprises ) announced today that the Delaware Chancery Court has denied a motion to preliminarily enjoin To direct, require, command, or admonish. Enjoin connotes a degree of urgency, as when a court enjoins one party in a lawsuit by ordering the person to do, or refrain from doing, something to prevent permanent loss to the other party or parties. consummation of the tender offer by CA for all the outstanding shares of Cheyenne common stock, at a price of $30.50 per share. The motion was based on the alleged failure by Cheyenne and the members of its Board of Directors to disclose to shareholders certain financial information considered in connection with the tender offer. The offer is scheduled to expire at 12:00 midnight, New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. time, on Friday, Nov. 8, 1996. Computer Associates International, with headquarters in Islandia, is the world leader in mission-critical software. The company develops, licenses and supports more than 500 integrated products that include enterprise computing and information management, application development, manufacturing and financial applications. CA has 9000 people in 130 offices in 40 countries and had revenue of more than $3.5 billion in fiscal year 1996. CA can be reached by visiting http://www.cai.com on the World Wide Web, emailing info@cai.com, or calling 516/342-5224. Cheyenne Software is an international developer of essential software solutions for NetWare, Windows NT, UNIX UNIX Operating system for digital computers, developed by Ken Thompson of Bell Laboratories in 1969. It was initially designed for a single user (the name was a pun on the earlier operating system Multics). , Macintosh, OS/2, Windows 3.1 and Windows 95 operating systems. Its enterprise-wide offerings include an array of storage management, security, and communications products, including Cheyenne. HSM, JETserve, InocuLAN, FAXserve, and its flagship product line, the ARCserve. family of network backup software. Cheyenne can be contacted at 800/243-9462 (U.S. or Canada) or 516/465-4000, or by visiting its WWW WWW or W3: see World Wide Web. (World Wide Web) The common host name for a Web server. The "www-dot" prefix on Web addresses is widely used to provide a recognizable way of identifying a Web site. home page at: http://www.cheyenne.com. CONTACT: CA Investor Relations Doug Robinson, 516/342-2745 dougr@mail.cai.com CA Public Relations Bob Gordon, 516/342-2391 bobg@cai.com or Cheyenne Elliot Levine, 516/465-4000 |
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