Submission + - SCO Goes Private with $100 Million Backing 1
AmIAnAi writes: Just when you thought it was all over, the SCO story takes a new twist.
The Wall Street Journal is reporting that SCO have received $100 million financing from Stephen Norris Capital Partners to take tehm out of Chapter 11 and go private.
The Wall Street Journal is reporting that SCO have received $100 million financing from Stephen Norris Capital Partners to take tehm out of Chapter 11 and go private.
The move gives Stephen Norris, whose namesake founder was a co-founder of private equity giant The Carlyle Group, a controlling interest in SCO, which now has a platform to continue its court battle with Novell Inc. over royalties from the Unix server operating system, SCO's main business.
