Profit helps Mandrake out of bankruptcy protection

Posted by dave on Mar 30, 2004 9:46 AM EDT
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A French court has approved MandrakeSoft's plan to exit bankruptcy protection, a boost that accompanies a return to profitability for the Linux seller. The court approved a plan under which liabilities of 4.1 million euros, or about $5 million, will be repaid to creditors over a nine-year period, MandrakeSoft said Tuesday.

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