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Najarian Says Red Hat May Be Acquired (RHT)
[September 13, 2010]

Najarian Says Red Hat May Be Acquired (RHT)

(Benzinga Via Acquire Media NewsEdge) Fast Money's Jon Najarian said there is speculation that Red Hat (NYSE: RHT) may be acquired, and as a result, its options and common stock are active today.

Shares of Red Hat are up more than 4% today, gaining $1.63 to trade at $39.04.

Volume is about average today, having traded approximately 2.1 million shares today.

Red Hat, Inc., together with its subsidiaries, provides open source software solutions to enterprises worldwide. The company offers Red Hat Enterprise Linux, an operating system designed for enterprise computing.

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