OSTG | SourceForgeThinkGeekIT Product GuideLinux.comNewsForgefreshmeatNewslettersTechJobsSlashdot Broadband X 
Welcome to Slashdot
 Why Login?
 Why Subscribe?

  7 more
  1 more
  7 more
  4 more
  2 more

 Old Stories
 Old Polls
 Hall of Fame
 Submit Story


 Product Guide
 Special Offers
 Tech Jobs
 IT Research

SCO Investor Changing the Deal
The Almighty Buck
Posted by timothy on Wed Dec 10, '03 01:50 PM
from the money-is-linked-to-control dept.
Kurt Wall writes "According to this story, recent SCO investor Royal Bank of Canada appears to be changing its tune. RBC, along with BayStar Capital, invested $50 million in SCO, but now has changed the deal to give it veto power over the payment of the 20% contingency fees SCO's IP lawyers will get. As to the wisdom of the investment itself, an RBC spokesman would only say that the 'investment in SCO is passive, made to hedge an economic exposure resulting from client transactions.' Such as the SCO case collapsing, perhaps?"


Slashdot Log In


Public Terminal

[ Create a new account ]

Related Links
· Compare the best prices on: Software/Operating Systems
· Kurt Wall
· this story
· SCO investor
· Royal Bank of Canada
· BayStar Capital
· changed the deal
· More Caldera stories
· Also by timothy
This discussion has been archived. No new comments can be posted.
SCO Investor Changing the Deal | Log in/Create an Account | Top | 392 comments | Search Discussion
The Fine Print: The following comments are owned by whoever posted them. We are not responsible for them in any way.
  I enjoy the time that we spend together.
All trademarks and copyrights on this page are owned by their respective owners. Comments are owned by the Poster. The Rest © 1997-2004 OSTG.
[ home | awards | contribute story | older articles | OSTG | advertise | about | terms of service | privacy | faq | rss ]