SCO sells company so they can continue litigation: how very American!
SCO used to sell operating systems and related software based around Linux, Unix, and in their early years Xenix. A few years ago they decided to start suing everyone they could think of with the claim that companies like IBM, Novell, and RedHat had “stolen” their Unix intellectual property. You can read all about the legal history of it here at Groklaw. After years of losing every legal battle they started, facing counter-suits from the people who *really* own the Unix intellectual capital, and filing for bankruptcy, they are doing the only reasonable (at least in America) thing: they are selling all of their real assets so that they can continue the legal battle