Thieler Law Corp, member of the Investor Attorney Network, is investigating whether members of the board of directors of Red Hat Inc (NYSE: RHT) acted responsibly on behalf of investors’ profitability in the planned $34 billion sale to International Business Machines Corporation (NYSE: IBM).

On October 29, 2018, Red Hat Inc (NYSE: RHT) and International Business Machines Corporation (NYSE: IBM) announced that they had entered into a merger agreement. Under the terms of the merger agreement, International Business Machines will offer Red Hat shareholders $190.00 per share in cash for all outstanding shares.    

Based in Raleigh, North Carolina, and founded in 1993 Red Hat Inc provides open source software solutions to develop and offer operating system, virtualization, management, middleware, cloud, mobile, and storage technologies to various enterprises worldwide.

The investigation focuses on whether NYSE: RHT investors received the highest price and whether the directors of Red Hat Inc acted in the best interest of Red Hat Inc company and its shareholders.   

If you purchased Red Hat Inc (NYSE: RHT) prior to October 29, 2018, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.

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