Shares of firm fell sharply after it lost court motion asking IBM for source code, court also ruled SCO must provide code relevant to case to IBM in 30 days; SCO postponed earnings report. [TheStreet.com]
Tiny SCO Group opts to take its Linux business to court. While meant to serve justice, lawsuits can be effective business tools; making publicity, distracting and getting cash in settlement from competitors. [Motley Fool.com]
List of all such stock trades since 2002 that author could find, sorted by publishing date, compiled from SEC public records, about $1, 375, 654 in sales since March 2003. [Groklaw]
SCO got $50 million in private investment this week; good for them, maybe not so good for investors. Potential investors in SCOX stock should ask SCO some fairly harsh questions. Forum comments. [Linux Today]
Ability to build cash war chest too compelling to pass up, so SCO agreed to $50 million investment deal, announced yesterday, with investment fund BayStar Capital. CEO Darl McBride pleased with transaction. [eWeek]
Received large cash boost in private investment deal led by investment fund BayStar Capital, structured as private placement of non-voting Series A Convertible Preferred Shares, at fixed conversion price $16.93/share. [eWeek]
Analysis of why investors are raising SCO stock price, based on two documents from Renaissance Ventures, LLC, venture capital firm. Links and quotes source documents. Many forum comments. Print-friendly version too. [Groklaw]
BayStar Capital made $50 million investment in SCO, $30 million of which is from Royal Bank of Canada, according to Thursday regulatory filing with US Securities and Exchange Commission. [CNET News.com]
SCO, firm embroiled in legal actions with Linux and Unix, announces $50 million investment by BayStar Capital, a reversal of plans it stated in May; will use funds for software development, legal and licensing costs. [CNET News.com]