[mdlug] SCO Group files Chapter 11...

[Bob Dion]

It looks like they are preparing for losing at next weeks trial.

File for chapter 11 so they don't have to pay anything to novell.

BD

On 9/14/07, Rich Clark <rrclark at rrclark.net> <rrclark at rrclark.net> wrote:
>
> ... presumably to protect its assets as it addresses potential financial
> and legal challenges. News announced this afternoon after trading in SCOX
> halts at approximately 1:00 p.m. Eastern today.
>
> Story via Yahoo!
>
> http://biz.yahoo.com/prnews/070914/laf040.html?.v=101
>
> I'm laughing my rear end off here!
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