SCO seeks bankruptcy protection

Special News Alert NETWORK WORLD SPECIAL NEWS ALERT, 09/14/07 SCO seeks bankruptcy protection: With its cash reserves running out, 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. Full story

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