OT: sort of... SCO

John Esak john at valar.com
Fri Sep 14 13:32:38 PDT 2007


--------------- Original Message ---------------
At 01:54P Fri Sep 14 2007, The SCO Group wrote:

Dear SCO Customers and Partners, *
*
This afternoon we took the extraordinary step of filing for Chapter 11 *
protection in U.S. Bankruptcy Court to protect assets for our *
creditors and stockholders and to ensure the continuation of our *
normal business operations. This decision was not taken without *
extensive consultation with the board of directors, and many outside *
experts and legal counsel. *
*
SCO intends to maintain business as usual throughout the Chapter 11 *
proceedings. Subject to court approval, SCO will use the cash flow *
from its operations to meet its capital needs throughout the *
reorganization process. *
*
Other companies such as Delta Airlines, Texaco, Dow Corning, K-Mart, *
United Airlines, Toys R? Us, Macy?s Department Stores and others have *
emerged from Chapter 11 protection after restructuring themselves for *
success. We intend to do the same.*
*
We value our relationship with you and want to provide the assurance *
that you can continue to order product, and receive exemplary service *
and support from us during this restructuring period.*
*
We invite you to consult with your SCO representative if you have any *
questions or concerns.*
*
Sincerely,*
*
*
Darl McBride*
President & CEO*
The SCO Group





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