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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]
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Random Site Quote: A $50 million investment deal enables SCO to continue expanding its product base.
Linux & Open Source - eWeek SCO Building Up a War Chest A $50 million investment deal enables SCO to continue expanding its product base. The ability to build up a "war chest" of cash was too compelling to pass up—and so The SCO Group agreed to a $50 million investment deal, , with

Date Added: Jun 2, 2009 Hits: Rating: 0.00 Votes: 0

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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]
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Random Site Quote: The SCO Group on Thursday said it had received a $50 million infusion in a private investment deal led by BayStar Capital, an investment fund.
Linux & Open Source - eWeek SCO Wins $50 Million Investment The SCO Group on Thursday said it had received a $50 million infusion in a private investment deal led by BayStar Capital, an investment fund. The SCO Group Inc., which has sued IBM for more than $3 billion and claims that Linux is an

Date Added: Jun 2, 2009 Hits: Rating: 0.00 Votes: 0

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Senior SCO executives have been dumping personal holdings in firm since June, US Securities and Exchange Commission (SEC) filings show. Since SCO launched legal action against IBM, its share price has sky-rocketed. [ZDNet CNET News.com]
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Random Site Quote: SEC filings show that SCO Group executives have been cashing in their personal holdings--taking advantage of the company's rising shares after its suit against IBM.
SCO execs cash in on suit spotlight : Jul 29, 2003 3:17:00 PM Senior SCO Group executives have been dumping their personal holdings in the company since June, U.S. Securities and Exchange Commission (SEC) filings have revealed. Since SCO launched its legal action against IBM, claiming that Big

Date Added: Jun 2, 2009 Hits: Rating: 0.00 Votes: 0

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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]
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Random Site Quote: A CNET article by Stephen Shankland, Staff Writer, CNET News. Published on October 20, 2003 2:09 PM PDT.
October 20, 2003 2:09 PM PDT Royal Bank of Canada invests in SCO entered the open-source spotlight last week with its , which is embroiled in legal wrangling over Linux and Unix with IBM and Red Hat. What the companies didn't say so loudly, though, is that $30 million of BayStar's investment in

Date Added: Jun 2, 2009 Hits: Rating: 0.00 Votes: 0

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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]
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Random Site Quote: SCO Group, the company embroiled in legal action around Linux and Unix, announces a $50 million investment by BayStar Capital, marking a reversal of plans it discussed in May. A CNET article by Stephen Shankland, Staff Writer, CNET News. Published on October 16, 2003 6:05 PM PDT.
October 16, 2003 6:05 PM PDT SCO gets $50 million investment SCO Group, the company embroiled in legal action around Linux and Unix, announced a $50 million investment by BayStar Capital on Thursday, marking a reversal of plans it discussed in May. Get the latest headlines and company-specific

Date Added: Jun 2, 2009 Hits: Rating: 0.00 Votes: 0

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