SCO inks last-second life-saving Unix pact

Posted by Scott_Ruecker on Jun 17, 2009 3:13 AM EDT
The Register; By Austin Modine
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After a nuclear holocaust, the only thing left alive will be roaches... and the SCO Group. The company that thinks it owns some lines of Linux – and that everyone else thought was fated for Chapter 7 bankruptcy death this week – has instead revealed to the world that it is the immortal Highlander. Just before a crucial liquidation hearing in bankruptcy court today, SCO Group chief executive Darl McBride inked a life-saving deal with a company called Gulf Capital Partners. The investment firm is backed by the high-profile equity investor Stephen Norris, the very man who pondered buying SCO the last time it faced bankruptcy destruction.

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