The French Linux distro, Mandrake, will buy the Brazilian Linux distro, Conectiva, says the trustworthy (usually) Register. Here is the press release from the Mandrake website.
Note: Both distros have been on ibiblio from their beginning and Mandrake has been a contributor (of $$$) to ibiblio in the past.
Slashdot was so excited that they posted the story twice!