Full document, agreement said to involve minority investor BayStar Capital ($20 million), and majority investor Royal Bank of Canada ($30 million). [US Security and Exchange Commission, SEC]
SCO got $50 million in private investment this week; good for them, maybe not so good for investors. Potential investors in SCOX stock should ask SCO some fairly harsh questions. Forum comments. [Linux Today]
New S-3 filed as part of BayStar deal, allows for converting BayStar preferred stock to regular stock, so SCO had to register another 3.85 million shares for sale. [US Security and Exchange Commission, SEC]
Tiny SCO Group opts to take its Linux business to court. While meant to serve justice, lawsuits can be effective business tools; making publicity, distracting and getting cash in settlement from competitors. [Motley Fool.com]
Strong buy recommendation from Renaissance Ventures, LLC. Suggests in part why SCO stock has risen during the lawsuit period. [Renaissance Research Group]
Report titled: Handicapping the SCO-vs.-IBM Lawsuit. Seeks to reinforce conclusions of strong buy recommendation. Suggests in part why SCO stock has risen during the lawsuit period. [Renaissance Research Group]
BayStar Capital made $50 million investment in SCO, $30 million of which is from Royal Bank of Canada, according to Thursday regulatory filing with US Securities and Exchange Commission. [CNET News.com]
Ability to build cash war chest too compelling to pass up, so SCO agreed to $50 million investment deal, announced yesterday, with investment fund BayStar Capital. CEO Darl McBride pleased with transaction. [eWeek]