[Infowarrior] - SCO gets the boot from Nasdaq

Richard Forno rforno at infowarrior.org
Sat Dec 29 17:09:04 UTC 2007


Take care, bye-bye now!   --rf


SCO Group gets the boot from Nasdaq
Posted by Stephen Shankland

The Nasdaq market has delisted The SCO Group, the
Linux-seller-turned-Linux-litigant now in Chapter 11 bankruptcy protection.

The Lindon, Utah-based company's shares were taken off the Nasdaq because of
the bankruptcy proceedings, the company said Thursday in a statement. The
company had appealed Nasdaq's decision to do so but lost its appeal on
December 21, the company said in a regulatory filing with the Securities and
Exchange Commission.

The company filed for bankruptcy protection in the wake of years of steadily
declining Unix revenue and a court ruling in August that crippled its legal
argument that its proprietary Unix technology is used in open-source Linux.
A court ruled Novell still holds the Unix copyrights.

http://www.news.com/8301-13580_3-9838155-39.html?part=rss&subj=news&
tag=2547-1_3-0-20




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