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Don't do business with a Canopy company

Don't do business with a Canopy company

Posted Aug 14, 2003 14:05 UTC (Thu) by walterbyrd (guest, #11620)
In reply to: Don't do business with a Canopy company by erat
Parent article: SCO vs. the Linux world…what's a Linux user to do? (ZDNet)

>>As for the Vultus deal... I give up. I can't see a single possible benefit to Canopy resulting from the Vultus purchase.<<

You must not be looking very hard. Canopy was giving 200,000 newly issued shares of scox, which Canopy prompty sold at top dollar.

I think it worked like this. Vultus was in a canopy building, and was way behind on rent. As part of the "purchase" scox had to give canopy a load of shares to compensate canopy for the back rent. At least, that is the best I could make of the story.


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