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BayStar buys more of SCO

Publication:ZDNet UKDate:May 10 2004
Reporter:Stephen Shankland

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The investment firm has snapped up two-thirds of a Canadian bank's holding in SCO, giving it more leverage to force changes at the company

The Royal Bank of Canada has sold two-thirds of its investment in the SCO Group to co-investor BayStar Capital, giving the hedge fund more power in its search for major changes at the Unix company.




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