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News: Royal Bank of Canada invests in SCO

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News: Royal Bank of Canada invests in SCO
Topic: Business 11:13 am EDT, Oct 21, 2003

]
] BayStar Capital entered the open-source spotlight last
] week with its $50 million investment in the SCO Group,
] which is embroiled in legal wrangling over Linux and Unix
] with IBM and Red Hat. What the companies didn't say so
] loudly, though, is that $30 million of BayStar's
] investment in SCO was from the Royal Bank of Canada,
] according to a Thursday regulatory filing with the U.S.
] Securities and Exchange Commission. BayStar itself
] invested the remaining $20 million.

Weird...

News: Royal Bank of Canada invests in SCO



 
 
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