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NewsTraders: Compaq Affiliate Files To Sell 200,000 Shares Of Red Hat (RHAT)

Aug 25, 2000, 21:00 (0 Talkback[s])


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"Compaq Computer (CPQ) subsidiary CPQ Holdings plans to sell 200,000 common shares of open source software developer Red Hat (RHAT), according to a regulatory filing Friday."

"The securities have an estimated aggregate market value of $4.6 million, according to today's Form 144 filing."

"CPQ Holdings listed Aug. 16 as the approximate date of sale, and named BancBoston Robertson Stephens as broker to carry out the planned disposition."

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