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Royal Bank of Canada Cashes Out of SCO; SCO Begins Layoffs

Posted by ryuzaki0 on 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.

5 of 585 comments (clear)

  1. Re:Thank "The Doors.".. by Anonymous Coward · · Score: -1, Flamebait

    no.

  2. YOU MORONS HAVE BEEN SAYING THAT FOR FIVE YEARS by Anonymous Coward · · Score: -1, Flamebait
  3. Re:Bre-X by IgnoramusMaximus · · Score: -1, Flamebait
    Stupid eh-hole, don't bask too long in the "glory" of the Canadian education system. Learn to spell richt.

    Unless there is some witty, alas cryptic, humour here that I missed, my cautionary message about thinking oneself better then others based on nationality, race or social standing was totally lost on you it seems. As a matter of fact, replies like yours are what makes people start believing themselves superior.

  4. Re:Not funny. by Anonymous Coward · · Score: -1, Flamebait

    Aw... a bunch of assholes are out of work. How sad!

  5. Re:You're perceptive, however by Anonymous Coward · · Score: -1, Flamebait

    ummm the so called SCO is fucking caldera you shit sucking mororn of a puss fucking ball knot. What the fuck is you god damn point about the GPL again?