Red Hat shareholders give green signal for acquisition by IBM

The closely-followed acquisition of software company Red Hat (RHT) by tech giant IBM (IBM) moved closer to completion after the former’s shareholders overwhelmingly approved the deal Wednesday. More than 80% of the 176-million shareholders voted in favor of the transaction, which has already been ratified by Red Hat’s board of directors. In October last year, … Continue reading Red Hat shareholders give green signal for acquisition by IBM