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Thursday, 20 September 2007 11:39

SCO delisted from the Nasdaq

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And so the end is near

 

SCO has admitted that it has been delisted from the Nasdaq following its announcement that it is heading into Chapter 11 bankruptcy.

In a press release, the company which tried to claim that it owned Linux, said it received a notice from The Nasdaq Stock Market indicating that the Company's securities will be delisted from Nasdaq on September 27, 2007.

SCO intends to request a hearing to review the determination, however it is unlikely that the Nasdaq panel will grant the Company's request for continued listing.

Last modified on Thursday, 20 September 2007 11:53

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