Re: IBM buying RedHat

[Date Prev][Date Next][Thread Prev][Thread Next][Date Index][Thread Index]

 



On Sun, Oct 28, 2018 at 2:17 PM, Antonio Trande <anto.trande@xxxxxxxxx> wrote:
> "IBM to acquire Red Hat in deal valued at $34 billion"
>
> https://www.cnbc.com/2018/10/28/ibm-is-reportedly-nearing-deal-to-acquire-red-hat.html


Official press release.
https://www.redhat.com/en/blog/red-hat-ibm-creating-leading-hybrid-cloud-provider

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. So
anyone looking to be mad, it would be completely understandable, but
this is basically a shareholder driven deal.

Also, "distinct unit" is vague and next to meaningless. Until
acquisition details are released, there's no way of knowing exactly
what level of autonomy Red Hat is going to have, let alone what it
means for CentOS and Fedora.

For what it's worth, SUSE and openSUSE have been through a few of
these over the years, and openSUSE is still kicking.


-- 
Chris Murphy
_______________________________________________
devel mailing list -- devel@xxxxxxxxxxxxxxxxxxxxxxx
To unsubscribe send an email to devel-leave@xxxxxxxxxxxxxxxxxxxxxxx
Fedora Code of Conduct: https://getfedora.org/code-of-conduct.html
List Guidelines: https://fedoraproject.org/wiki/Mailing_list_guidelines
List Archives: https://lists.fedoraproject.org/archives/list/devel@xxxxxxxxxxxxxxxxxxxxxxx




[Date Prev][Date Next][Thread Prev][Thread Next][Date Index][Thread Index]
[Index of Archives]     [Fedora Announce]     [Fedora Users]     [Fedora Kernel]     [Fedora Testing]     [Fedora Formulas]     [Fedora PHP Devel]     [Kernel Development]     [Fedora Legacy]     [Fedora Maintainers]     [Fedora Desktop]     [PAM]     [Red Hat Development]     [Gimp]     [Yosemite News]

  Powered by Linux