Linked by Thom Holwerda on Thu 14th Feb 2008 21:06 UTC
SCO, Caldera, Unixware Having almost disappeared completely late last year, SCO says it has been resuscitated by a new financing plan. Under the terms of the deal, Stephen Norris Capital Partners and "its partners from the Middle East" will supply up to $100 million, enabling SCO to reorganize and launch a new series of products. SNCP will gain a controlling interest in the company, and take it private, allowing it to slip out of Chapter 11 bankruptcy protection. Update: As part of the reorganisation, Darl McBride will be let go. Buried in the proposed MOU (Memorandum of Understanding) between Unix vendor and Linux litigator SCO and SNCP is the note that "upon the effective date of the Proposed Plan of Reorganization, the existing CEO of the Company, Darl McBride, will resign immediately."
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RE[3]: SCO is like rhubarb ...
by B. Janssen on Fri 15th Feb 2008 10:12 UTC in reply to "RE[2]: SCO is like rhubarb ..."
B. Janssen
Member since:

Well, art is art, isn't it? Still, on the other hand, water is water!
And East is East and West is West and if you take cranberries and
them like applesauce they taste much more like prunes than rhubarb
Now you tell me what you know.

-- Groucho Marx

OK, I'm going now.

Reply Parent Score: 2

RE[4]: SCO is like rhubarb ...
by orfanum on Fri 15th Feb 2008 11:03 in reply to "RE[3]: SCO is like rhubarb ..."
orfanum Member since:

'Honk, honk!'

- Harpo Marx

Edited - why hasn't the reply function indented this automatically?!

Edited 2008-02-15 11:10 UTC

Reply Parent Score: 2