April 16, 2004

SCO Says VC Wants Out

The SCO Group's war chest may have just gotten a lot lighter. The company, which is suing IBM and several Linux end-user companies, has filed an 8-K report with the Securities and Exchange Commission stating that BayStar Capital wants SCO to redeem all of the venture-capital firm's 20,000 shares of SCO's Series A-1 Convertible Preferred Stock.

Read the entire article here

Posted by cwilli at April 16, 2004 06:35 PM | TrackBack



Comments

Listen, do you hear that?

Thats the sound of a coffin being nailed shut.....

Posted by: cwilli at April 16, 2004 06:37 PM
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