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Investment Firm Bids to Buy SCOs UNIX Operations

Posted by samzenpus on from the one-mans-junk dept.

WebCowboy writes "It appears that there are still enough people out there deluded enough to see value in SCOs UNIX operations. York Capital Management has put in a $36 million bid for SCOs UNIX operations. The offer includes coverage of up to $10 million for payment of legal fees and York Capital would assume ownership of the disputed UNIX IP as well as what is left of the lawsuits. Interestingly, SCO has offered this up for competitive bid (who would want to though?). Upon completion of the transaction, should bankruptcy court approve, SCOX would become solely a mobile applications provider (which is the only part of SCOs offerings that have undergone any meaningful development for quite some time)."

9 of 177 comments (clear)

  1. Well by mastershake_phd · · Score: 5, Funny

    Theres a sucker born every minute. Actually with 6 billion people in the world these days its probably 10 suckers every minute.

    --
    Libertarian Leaning Political Discussion Forum.
  2. For once by clickclickdrone · · Score: 4, Funny

    The old /. joke expressed as 4 lines that end with 'Profit' is not really applicable.

    --
    I want a list of atrocities done in your name - Recoil
    1. Re:For once by NoodleSlayer · · Score: 2, Funny

      You just need more question marks in this case.

  3. Better idea by Spy+der+Mann · · Score: 2, Funny

    why don't they just sell themselves in ebay? After all, a paperclip can generate millions! :)

  4. Re:Golden parachute by Cheesey · · Score: 5, Funny

    They're going to throw Darl out of a plane, strapped to a large chunk of heavy metal?

    Well, that's got to be worth $30 million.

    Can we also make him wear a T-shirt saying something like "I tried to fix my obsolete business model using litigation", then drop him near the RIAA headquarters?

    --
    >north
    You're an immobile computer, remember?
  5. I, for one.. by theorem4 · · Score: 2, Funny

    I, for one, welcome our cash-laden overlords.

  6. It's a joke? by sm62704 · · Score: 3, Funny

    I googled "York Capital Management", the 2nd hit was their "about us" page. At the very top of the page it says "YORK YORK YORK YORK YORK YORK YORK YORK YORK YORK"

    Isn't that Curly Howard of the Three Stooges fame's laugh?

    It's getting a laugh out of me! YORK YORK YORK YORK YORK YORK YORK YORK YORK YORK!

    -mcgrew

    --
    mcgrew's razor: Never attribute to stupidity that which can be explained by greedy self-interest
  7. why won't it die by chrome · · Score: 2, Funny

    it's like a zombie ... and it wants to eat our brainz.

    our delicious, unix based, brainz.

  8. Re:Does this not screw Novell? by lenski · · Score: 2, Funny

    Seriously, if this were fiction, it would be a breakout show.
    If someone submitted this story to an editor, it would be summarily rejected as implausible. Much like many other stories in our society... The truth is stranger than fiction. Casper van Dien? Very creative casting choice! :-)