[ale] IBM is buying Redhat!

Pete Hardie pete.hardie at gmail.com
Sun Oct 28 19:30:53 EDT 2018


Crap.  There goes the neighborhood.


On Sun, Oct 28, 2018 at 7:22 PM DJ-Pfulio via Ale <ale at ale.org> wrote:

> 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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-- 
Pete Hardie
--------
Better Living Through Bitmaps
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