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[ale] IBM is buying Redhat!
- Subject: [ale] IBM is buying Redhat!
- From: jslozier at gmail.com (Jay Lozier)
- Date: Sun, 28 Oct 2018 19:46:15 -0400
- In-reply-to: <[email protected]>
- References: <[email protected]>
The end of Red Hat, been nice knowing you.
On 10/28/18 7:21 PM, DJ-Pfulio via Ale 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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