[ale] IBM is buying Redhat!

DJ-Pfulio DJPfulio at jdpfu.com
Sun Oct 28 19:21:51 EDT 2018


IBM is buying Redhat!

https://www.redhat.com/en/about/press-releases/ibm-acquire-red-hat-completely-changing-cloud-landscape-and-becoming-world%E2%80%99s-1-hybrid-cloud-provider

RHT is currently $116.68/sh.

"IBM (NYSE:IBM) and Red Hat (NYSE:RHT), the world’s leading provider of
open source cloud software, announced today that the companies have
reached a definitive agreement under which IBM will acquire all of the
issued and outstanding common shares of Red Hat for $190.00 per share in
cash, representing a total enterprise value of approximately $34 billion."


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