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Microsoft Behind SCO Cash Investment?

An anonymous reader writes "eWEEK has got a story up suggesting Microsoft may be behind yesterday's $50mil cash investment in SCO. 'As an investment firm, BayStar leads, creates and participates in a number of PIPEs (Private Investments in Public Equity). Many of these deals involve investment money from other companies, including Microsoft.'"

2 of 395 comments (clear)

  1. Bob McGrath? by KillerHamster · · Score: 4, Funny

    But Bob McGrath, a spokesman for BayStar, disputed that claim...

    You mean Bob, of all people, is involved in this? Shameful! What kind of message does this send to children?

  2. Do I get a discount? by agwis · · Score: 4, Funny

    "There are only two investors in this deal: BayStar Capital and the Royal Bank of Canada."

    That's my bank :-(

    Does that mean I don't have to pay the full $699 now?

    Oh, and can anyone recommend another good Canadian bank now? I suddenly don't have as much confidence in my current one's future with business decisions like this!

    -Pat