[Gllug] Rumour, fact, or lies?

[Alain Williams]

On Thu, Jul 26, 2001 at 06:16:13PM +0000, Chris Bell wrote:
> On Wed 25 Jul, David Irvine wrote:
> > Did  M$ actually make a bid for it???
> > 
> > D
> > > On Wed, Jul 25, 2001 at 07:01:39PM +0000, Chris Bell wrote:
> > > >    I was told this morning that M$ have purchased RedHat. Is it true?
> > > 
> > > No. Bob Young wouldn't let it happen. I think he might just be kicked
> > > off the open source groups he helps run, for one thing. :-)
> > > 
>    I am told that yesterday the M$ web site claimed that M$ has purchased 85
> percent of the shares in RedHat, if I can find a reference I will pass it
> on.

I doubt that that is true: in the UK if you buy more than 25% (or something) of
the shares in a company you have to make a take-over bid for whole company.
I suspect that something similar is true in the USA.

-- 
Alain Williams

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