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IBM, Novell Move To Block SCO's Unix Sell Off

Nov 05, 2007, 15:00 (0 Talkback[s])
(Other stories by Paul McDougall)

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"IBM and Novell on Thursday asked a bankruptcy court judge to block The SCO Group's sale of its Unix technology to a private equity firm, which the software vendor has proposed as part of its Chapter 11 reorganization effort.

"IBM, one of SCO's creditors, said in a court filing that SCO shouldn't be allowed to sell off its assets in part because Chapter 11 protection is meant to give cash-strapped companies a chance to reorganize--not liquidate their assets..."

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