Investment Firm Bids to Buy SCOs UNIX Operations

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)."

Well

[mastershake_phd]

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

For once

[clickclickdrone]

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

Re:For once

[NoodleSlayer]

You just need more question marks in this case.

Better idea

[Spy der Mann]

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

Re:Golden parachute

[Cheesey]

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?

I, for one..

[theorem4]

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

It's a joke?

[sm62704]

I googled "York Capital Management", the 2nd hit was their "about us" [yorkcapital.com] 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 [wikipedia.org] of the Three Stooges [wikipedia.org] fame's laugh?

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

-mcgrew

why won't it die

[chrome]

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

our delicious, unix based, brainz.

Re:Does this not screw Novell?

[lenski]

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! :-)