SCO Goes Private
Fri Feb 15, 2008 7:29:17 AMThere is a new news item posted at »ASE Labs
»SCO Goes Private
It is amazing that there are stupid investors that invest in a company like SCO. <a href="http://www.internetnews.com/bus-news/article.php/3728201/SCO+Plans+Rebound+Thanks+to+100M+Lifeline.htm">Some investor sunk $100 million into SCO to take it private</a>. And it is still in Chapter 11 AND is is still going to try to sue Novell.
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»SCO Goes Private
It is amazing that there are stupid investors that invest in a company like SCO. <a href="http://www.internetnews.com/bus-news/article.php/3728201/SCO+Plans+Rebound+Thanks+to+100M+Lifeline.htm">Some investor sunk $100 million into SCO to take it private</a>. And it is still in Chapter 11 AND is is still going to try to sue Novell.
Quote
"This significant financial backing is positive news for SCO's customers, partners and resellers who continue to request upgrades and rely upon SCO's UNIX services to drive their business forward," he said. According to a statement from the company, SNCP already has a business plan for SCO that includes pursuing its legal claims. SCO has been locked in bitter legal battles with both IBM and Novell over Unix copyright issues. Those battles haven't gone all that well for the company recently.
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