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SCO seeks bankruptcy protection
Posted by Philipp Esselbach on: 09/17/2007 09:40 AM [ Print | 0 comment(s) ]
InfoWorld reports that the SCO Group Inc. has filed for bankruptcy protection.
The Lindon, Utah, company made the announcement in a news release, issued Friday afternoon. "The Board of Directors of The SCO Group unanimously determined that Chapter 11 reorganization is in the best long-term interest of SCO and its subsidiaries, as well as its customers, shareholders, and employees," the statement said.
SCO seeks bankruptcy protection
