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[ale] OT: investor dumps SCO
- Subject: [ale] OT: investor dumps SCO
- From: byron at cc.gatech.edu (Byron A Jeff)
- Date: Mon Apr 19 07:45:57 2004
- In-reply-to: <[email protected]>
- References: <[email protected]>
On Mon, Apr 19, 2004 at 05:46:01AM -0400, Geoffrey wrote:
> I've not seen this posted:
>
> "The major speculator backing The SCO Group's legal jihad against
> Linux wants its money back. Marin County, California-based equity fund
> BayStar Capital invested $50 million in SCO back in October, confident
> that the Utah firm had a strong legal case. Now Baystar says SCO has
> breached the agreement and wants to redeem its investment, which takes
> the form of 20,000 shares of SCO's Series A Convertible Preferred Stock. "
>
> http://www.theregister.co.uk/2004/04/16/baystar_sco/
[Stepping on soapbox while clearing throat...]
Caveat Emptor
[stepping down.]
BAJ