| SCO CEO Darl McBride is on his way out |
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While The SCO Group may go on to pursue its plans with a $100 million buyout, it will do so without its longtime CEO Darl McBride.
Buried in the proposed MOU (Memorandum of Understanding) between Unix vendor and Linux litigator SCO and SNCP (Stephen Norris & Co. Capital Partners) is the note that "upon the effective date of the Proposed Plan of Reorganization, the existing CEO of the Company, Darl McBride, will resign immediately."
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