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eWeek: BayStar Keeping Quiet on Demand for SCO Redemption

Apr 20, 2004, 15:00 (8 Talkback[s])
(Other stories by Steven J. Vaughan-Nichols)

[ Thanks to sjvn for this link. ]

"Days after BayStar Capital Management LLC told The SCO Group Inc. that it was ending its agreement with SCO and demanding that SCO redeem BayStar's 20,000 shares of SCO's series A-1 convertible preferred stock, SCO says it still doesn't know why BayStar is doing this.

"According to SCO's director of corporate communications, Blake Stowell, 'BayStar hasn't responded to our requests for exactly how SCO breached four sections of the companies' contracts...'"

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