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Computer Business Review: SCO Attempts to Keep Control Ahead of Results Announcement

Dec 20, 2004, 18:15 (16 Talkback[s])


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"SCO Group Inc is taking steps to keep its senior executives at the company in the event of a potential takeover attempt as its lowly share price continues to make it look vulnerable.

"The Lindon, Utah-based Unix vendor is currently best known for its legal claims against IBM Corp and Linux, which pushed its shares to a high of $22.29 in October 2003. Since then its share price steadily declined, prompting SCO to adopt a shareholder rights plan in August to protect it from hostile takeover..."

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