With most of Wall Street betting against it, SCO Group(SCOX Quote) could face a last chance at redemption in a series of court battles that will play out over the next few weeks.
Tiny SCO is best known as a legal play on its various courtroom strategies to claim rights to the technology underlying the Linux operating system. But with a string of setbacks in its rearview, SCO currently trades 75% below its 52-week high and is still the target of aggressive short-sellers.
It's been nearly 22 months since the company initiated its battle over Linux with a multibillion-dollar suit against IBM(IBM Quote). In that suit, SCO claimed IBM breached a contract with SCO by misappropriating Unix code, which SCO claims it owns, in IBM's Linux business. ...
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