SGI Warns That Bankruptcy Might Be Year-End Option
Ashlee Vance writes on Channel Register:
SGI issued its most ominous regulatory filing to date, warning that a bad 2006 could force the former high-flyer into bankruptcy.
In order to improve its business, SGI will consider measures ranging from axing or selling off product lines to pursuing "a strategic partner or acquirer." The hardware maker will basically look at anything and everything to remain a going concern.
posted by Fergie @ 2/08/2006 03:53:00 PM
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