"The Canopy Group has invested $2.5 million in Ebiz
Enterprises, operator of LinuxMall and the Linux Store, allowing
the Linux retailer to diminish its debt."
"The funding will be used to reduce debt and achieve
profitability sooner, Ebiz chief executive Dave Shaw said in a
statement. The funding was the result of the recent merger of Ebiz
and LinuxMall, a deal that closed Oct. 11."
"We believe Ebiz's stock is undervalued and find this investment
an attractive fit to our strategies and focus," Canopy Group
president Ralph Yarro said in a statement."
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