July 28, 2004

BayStar sets lawyers on SCO

SCO's attempts to rescue its relationship with BayStar Capital, its biggest backer, have come to naught. On Friday morning, Eastern time, SCO announced that the stock buyback deal it agreed with the unhappy investment firm had closed. Two hours and five minutes later, Baystar issued a statement saying that a) no it hadn't and b) we'll see you in court, matey.

Link: TheRegister.co.uk

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