Chris Murphy writes:
The reported deal is $34 billion, and Red Hat's closing market cap on Friday was ~$20 billion, that's a big price premium. I'm not a lawyer let alone a securities lawyer, but my guess is if Red Hat management had refused the deal, I think they'd face shareholder lawsuits.
Yeah. I bought a little bit of RHAT when they went public. This is going to be a nice little return on my investment. Not a fortune, by any means, but certainly a nice little bonus. That's pretty much the only good thing I can think of, right now.
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