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Red Hat Inc (RHT.N)

RHT.N on New York Stock Exchange

173.36USD
19 Nov 2018
Change (% chg)

$-0.14 (-0.08%)
Prev Close
$173.50
Open
$173.50
Day's High
$173.70
Day's Low
$173.23
Volume
763,211
Avg. Vol
492,332
52-wk High
$177.63
52-wk Low
$115.31

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Mon, Nov 12 2018

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Icahn says VMWare should be worth $300 per share, cites Red Hat deal

Carl Icahn said on Monday VMWare should be worth $300 per share, the activist investor's latest bid to scuttle Dell's plan to go public by buying back shares tied to its interest in the software company.

Icahn says VMWare should be worth $300/shr, cites Red Hat deal

Nov 12 Carl Icahn said on Monday VMWare should be worth $300 per share, the activist investor's latest bid to scuttle Dell's plan to go public by buying back shares tied to its interest in the software company.

IBM a top bridge loan borrower with Red Hat buy

NEW YORK (LPC) - IBM Corp’s $20 billion loan supporting the information technology company’s purchase of US software company Red Hat Inc is one of the largest ever bridge loans for a US investment grade company and banks are keen to lend after several quiet months for big mergers and acquisitions. 

CORRECTED-BRIEF-Red Hat will be obligated to pay IBM a deal termination fee of $975 Mln

* RED HAT - IF DEAL TERMINATED UNDER SOME SPECIFIC CONDITIONS, CO SHALL BE OBLIGATED TO PAY TERMINATION FEE OF $975 MILLION - SEC FILING Source text: https://bit.ly/2SrvVK5 Further company coverage:

Red Hat jumps, IBM shares dip on cloud mega-merger

IBM Corp's $34 billion deal to buy Red Hat Inc drove shares in the small but fast-growing software maker about 50 percent higher on Monday, reflecting the huge premium IBM is paying to ward off any potential challenger bids. | Video

UPDATE 2-Red Hat jumps, IBM shares dip on cloud mega-merger

* BREAKINGVIEWS-IBM overpays for relevance with $34 bln deal (Adds details on deal, updates share prices)

Red Hat jumps, IBM shares dip on cloud mega-merger

Oct 29 IBM Corp's $34 billion deal to buy Red Hat Inc drove shares in the small but fast-growing software maker 50 percent higher on Monday, reflecting the huge premium IBM is paying to ward off any potential challenger bids.

IBM to acquire software company Red Hat for $34 billion

IBM Corp said on Sunday it had agreed to acquire U.S. software company Red Hat Inc for $34 billion, including debt, as it seeks to diversify its technology hardware and consulting business into higher-margin products and services. | Video

UPDATE 6-IBM to acquire software company Red Hat for $34 billion

Oct 28 IBM Corp said on Sunday it had agreed to acquire U.S. software company Red Hat Inc for $34 billion, including debt, as it seeks to diversify its technology hardware and consulting business into higher-margin products and services.

IBM nears deal to acquire cyber security company Red Hat -sources

Oct 28 IBM Corp is nearing deal to acquire software company Red Hat Inc in a deal that could exceed $30 billion and allow it to expand its cyber security offerings, people familiar with the matter said on Sunday.

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