Darl Buys (Not Licenses) SCO's Mobility Assets for $100,000 - Updated
Apr 08, 2010, 12:02 (1 Talkback[s])
(Other stories by Pamela Jones)
"First word from the bankruptcy hearing today on Darl McBride's
offer to buy SCO's mobility assets. Groklaw's UD has this quick
report, with more to come later: Just got out of the SCO BK hearing
a little bit ago and thought I'd send a quick update for you.
"The sale of the mobility business to Darl was approved, but he
ended up paying $100,000 for it instead of the original $35,000
because there was a second bidder that responded to the sale ad in
the newspaper. They had an auction this past Monday with a minimum
bid of $100,000 for the outright sale of the assets. Darl bid, the
other party didn't. The judge approved the sale.
"More a little later when I don't have to type on my
"Update: Note that this was a *sale*, including the IP, not Darl
licensing it, as originally proposed. Is there a word for the
opposite of bait and switch?"