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Linux Compatible » News » March 2004 » Mandrakesoft Exits Bankruptcy

Mandrakesoft Exits Bankruptcy

Posted by Philipp Esselbach on: 03/30/2004 10:55 AM [ Print | 0 comment(s) ]

Good news from Mandrakesoft:




Great news today: the Court today accepted Mandrakesoft's exit plan from 'redressement judiciaire' (Chapter 11 like protection). The plan was approved as proposed by the company and its court appointed administrator. This signals the return to normal operations for Mandrakesoft after a 14 month observation period and is a direct consequence of Mandrakesoft's return to profitability.

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