"MandrakeSoft, the developer of the popular Mandrake Linux distribution,
declared bankruptcy in France today. The filling, which the company says
is 'similar to the U.S. Chapter 11-Reorganization,' is hoped to help the
company escape the financial issues that have plagued the company over the
past few years.
"This announcement seems to be the culmination of rumors over the past few
days about the future of MandrakeSoft. Earlier this week various media
outlets reported that an internal memo from Chairman and former CEO
Jacques Le Marois, that discussed an upcoming bankruptcy filling, was
circulating. As late as yesterday, company co-founder Gaël Duval was
attempting damage control, telling NewsForge that the company was
considering several different actions and that several investors had made
'offers' to the company..."
non ho parole.
http://linuxtoday.com/news_story.php3?ltsn=2003-01-15-020-26-NW-BZ-MD
sigh
|