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Red Hat, Inc.

(NYSE: RHT)

Summary

Attention investors who purchased shares of Red Hat, Inc. before October 28, 2018:

Rigrodsky & Long is investigating potential claims against the board of directors of Red Hat, Inc. concerning possible breaches of fiduciary duty and other violations of law related to the Company’s agreement to be acquired by International Business Machines Corporation for $190.00 per share, or approximately $34 billion.

Press Release

Rigrodsky & Long, P.A. announces that it is investigating potential legal claims against the board of directors of Red Hat, Inc. (“Red Hat” or the “Company”) (NYSE: RHT) regarding possible breaches of fiduciary duties and other violations of law related to the Company’s entry into an agreement to be acquired by International Business Machines Corporation (“IBM”) (NYSE: IBM) in a transaction valued at approximately $34 billion.  Under the terms of the agreement, shareholders of Red Hat will receive $190.00 in cash for each share of Red Hat common stock.

If you own common stock of Red Hat and purchased any shares before October 28, 2018, if you would like to learn more about this investigation, or if you have any questions concerning this announcement or your rights or interests, please contact Seth D. Rigrodsky or Gina M. Serra toll-free at (888) 969-4242, by e-mail at info@rl-legal.com, or at https://www.rigrodskylong.com/offices-contact.  

Rigrodsky & Long, P.A., with offices in Delaware, New York, and California, has recovered hundreds of millions of dollars on behalf of investors and achieved substantial corporate governance reforms in numerous cases nationwide, including federal securities fraud actions, shareholder class actions, and shareholder derivative actions.

Attorney advertising.  Prior results do not guarantee a similar outcome.

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