Linked by Thom Holwerda on Fri 14th Sep 2007 21:36 UTC, submitted by dylansmrjones
SCO, Caldera, Unixware Yahoo reports that SCO has filed [.pdf] for bankruptcy in order to protect assets. "The SCO Group today announced that it filed a voluntary petition for reorganization under Chapter 11 of the United States Bankruptcy Code. SCO's subsidiary, SCO Operations, Inc., has also filed a petition for reorganization. The Board of Directors of The SCO Group have unanimously determined that Chapter 11 reorganization is in the best long-term interest of SCO and its subsidiaries, as well as its customers, shareholders, and employees." Groklaw has a story on it, too.
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RE[2]: haha
by sbergman27 on Sat 15th Sep 2007 02:07 UTC in reply to "RE: haha"
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Thom, that's a nice sentiment. Seriously. In fact, I posted something similar about it being the employees of SCO who were suffering, some years ago. But it's not like today, in 2007, they haven't had over 3 and a half years to find work with a less morally bankrupt company... before it went financially bankrupt as well. The handwriting has been on the wall for some time; You don't have to be a Kreskin... ;-)

I, personally, find it difficult to have much sympathy for them at this late date.

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