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

 Sections
 Main
 Apache
 Apple
 AskSlashdot
  7 more
 Books
 BSD
 Developers
  1 more
 Games
  7 more
 Interviews
 IT
 Linux
  4 more
 Politics
 Science
  2 more
 YRO
 
 Help
 FAQ
 Bugs

 Stories
 Old Stories
 Old Polls
 Topics
 Hall of Fame
 Submit Story

 About
 Supporters
 Code
 Awards

 Services
 Broadband
 PriceGrabber
 Product Guide
 Special Offers
 Tech Jobs
 IT Research

Royal Bank of Canada Cashes Out of SCO; SCO Begins Layoffs
Caldera
The Almighty Buck
Posted by michael on Fri May 07, '04 03:31 PM
from the so-long-and-thanks-for-all-the-lawsuits dept.
jbell99999 is the first one to submit news that the Royal Bank of Canada is divesting itself of SCO stock. They're selling part of their preferred stock to Baystar, which has already indicated that they want to redeem their shares, and converting the rest to regular stock, which they can presumably sell on the open market. In other SCO news, Versicherung writes "The Santa Cruz Sentinel is reporting, SCO is laying off 10 percent of its worldwide workforce. The cuts come less than a month after the company brought on a new chief financial officer and just before the company ended its second fiscal quarter April 30." See also stories at Eweek and Linuxinsider.com.

 

 
Slashdot Log In
Nickname:

Password:

Public Terminal

[ Create a new account ]

Related Links
· Compare the best prices on: Software/Operating Systems
· Online Business Books
· divesting itself of SCO stock
· indicated
· Versicherung
· SCO is laying off
· Eweek
· Linuxinsider.com
· More Caldera stories
· Also by michael
 
 
This discussion has been archived. No new comments can be posted.
Royal Bank of Canada Cashes Out of SCO; SCO Begins Layoffs | Log in/Create an Account | Top | 585 comments | Search Discussion
Threshold:
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 ]