Friday, October 26, 2007

SCO has a buyer, pending bankruptcy approval - Network World

Useful case study in falling as far as possible...

Embattled SCO Group is offering the bankruptcy court a deal it could be hard to refuse. The company has received an offer of $36 million from JGD Management for its business and intellectual property. JGD Management, a current debtor of SCO, is an investing arm of York Capital Management, which owned more than 91,000 shares of SCO stock from March 2005 to September 2006.

SCO has a buyer, pending bankruptcy approval - Network World

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