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SCO Gets A Lifeline; Plans To Continue Quixotic Legal Quest
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2-15-2008 4:50 AM
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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/82fe3469-a1c2-4b39-b1c3-3a82db17b692/B0EE6838-B1DC-4F80-9D3F-EEB1BD1E7ED4/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://techdirt.com/articles/20080214/185802258.shtml" href="http://techdirt.com/articles/20080214/185802258.shtml" style="font-size: 11px;">techdirt.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://techdirt.com/articles/20080214/185802258.shtml"><H1>SCO Gets A Lifeline; Plans To Continue Quixotic Legal Quest</H1></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://techdirt.com/articles/20080214/185802258.shtml"><P>Thought SCO was <A href="http://www.techdirt.com/articles/20070914/160057.shtml">dead</A>? Yup, you're not the only one. But, with big private equity firms <A href="http://www.techdirt.com/articles/20070424/214913.shtml">willing to bet</A> huge amounts on questionable intellectual property claims, it really shouldn't be a surprise that one came to SCO's rescue. Stephen Norris Capital Partners has <A target="_new" href="http://www.internetnews.com/bus-news/article.php/3728201/SCO Plans Rebound Thanks to 100M Lifeline.htm">dumped $100 million into SCO</A>, taking the company private. Not surprisingly, a big reason for the lifeline is to continue the company's legal battles. These are the same legal battles that propped up the company's stock and allowed some insiders to cash out -- but which have yet to result in a single significant court win, while racking up numerous losses. SCO has insisted for years that it had various "smoking guns," but went into bankruptcy without revealing a single one. Why is it that suddenly these investors believe the company can actually win a legal battle?</P></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;"> </td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/B0EE6838-B1DC-4F80-9D3F-EEB1BD1E7ED4/blog/" title="blog or email this clip"><img src="http://content8.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>
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