The Linux bashing company SCO is about to loose its listing at the Nasdaq stock exchange after the company failed to meet deadlines to publish its annual results over 2004.
The delisting could become effective as early as Friday 18 February.
A delisting would be mostly embarrassing rather than inconvenient. SCO's lawsuit against IBM – SCO claims that it owns the intellectual property behind Unix and demands $5 bn in damages – already has made SCO the pariah of the software industry.
Recent progress in the legal proceedings hasn't given SCO investors much reason to believe that the suit will have a favourable outcome for SCO.
No listing for a company with no future makes for a nice cleanup. If only they could loose the lease to their office next.
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