CNET News: BayStar Begins Selling SCO Stock
Sep 29, 2004, 13:45 (9 Talkback[s])
(Other stories by Stephen Shankland)
"BayStar Capital, the investment fund that arranged a $50
million cash infusion for the SCO Group, has begun selling its
common shares.
"BayStar and SCO arranged a deal in June in which the Linux
litigator would buy back all 40,000 of BayStar's preferred shares
for $13 million and 2.1 million shares of common stock. BayStar
started selling those shares last week, according to Securities and
Exchange Commission filings..."
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