TheStreet.com |
IBM Not Shy About Approaching Redhat, October Stock Bounce: Trading Keys Today
TheStreet.com International Business Machines Corp (IBM) just paid $34 billion for Redhat Inc (RHT) , three-times IBM's cash pile. It's also a 60% premium over Redhat's Friday closing price. This comes in the middle of a nasty tech devaluation, in which tech stocks ... IBM buys Redhat – a view from the peanut gallery ! RedHat Acquisition Puts IBM (IBM) In The Competitive Landscape With Amazon And Microsoft - KeyBanc |
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