Someone Actually Wants SCO?
As astonishing as it sounds, someone actually wants to buy SCO, the bankrupt software company that has spent the last few years biting at the ankles of the Linux community.
York Capital Management LLC, a New York investment firm, has asked the United States Bankruptcy Court for permission to buy SCO's Unix business for $36 million dollars. The deal would also reportedly include $10 million in funding to cover SCO's litigation fees.
The motion came just after Novell filed a motion to lift the automatic bankruptcy stay that is preventing the companies from going to trial in U.S. District Court in Utah to settle the question of how much is owed to Novell from Unix licensing fees wrongfully collected by SCO.
Justin Ryan is a Contributing Editor for Linux Journal.
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