Become a MacRumors Supporter for $50/year with no ads, ability to filter front page stories, and private forums.

chatin

macrumors 6502a
Original poster
May 27, 2005
931
598
The SCO group has finally been taken off the Nasdaq, after losing an appeal to keep its bankrupt SCOX alive for one more dying lunge at the open source world.

The stock traded a $2.20 back in may but is not longer. These guys tried to take over UNIX by saying they owned the copyrights. Novell regained control of the Unix patents some time ago!

The last trade.

http://online.wsj.com/quotes/main.html?type=djn&symbol=SCOX

The details.

http://www.news.com/8301-13580_3-9838155-39.html?tag=nefd.top
 
Endgame might be afoot for SCO Group

The SCO Group and its battle against IBM and Novell over ownership of computer code may have taken a decisive turn Tuesday when a U.S. Bankruptcy Court official sought permission to dissolve the company and sell off its assets.

The filing in bankruptcy court in Delaware came just as attorneys for the Utah company were preparing for arguments today in an appeals court in Denver. A favorable decision there would reverse a ruling that caused SCO to seek bankruptcy court protection in the first place...
Looks like SCO is taking a turn for the worst and they may shoot this pig to keep it from suing its way out of its bankruptcy.

aka, yay finally somebody pushing for liquidation.
 
Register on MacRumors! This sidebar will go away, and you'll see fewer ads.