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eWeek: Is Microsoft Behind SCO's $50 Million Cash Infusion?

Oct 17, 2003, 20:00 (21 Talkback[s])
(Other stories by Peter Galli)

"Hot on the heels of The SCO Group's announcement that BayStar Capital has invested $50 million in the company, questions are being raised about whether Microsoft Corp. may have had a role in that investment.

"As an investment firm, BayStar leads, creates and participates in a number of PIPEs (Private Investments in Public Equity). Many of these deals involve investment money from other companies, including Microsoft...

"SCO spokesman Blake Stowell told eWEEK on Friday that Microsoft was not an investor in SCO through this deal. 'There are only two investors in this deal: BayStar Capital and the Royal Bank of Canada,' he said. 'I think people will try and come to the conclusion that Microsoft is somehow involved in this deal, but I can tell you with great certainty that Microsoft was not involved with this investment...'"

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