Raleigh News & Observer: Red Hat Bond Sales Reach $500 Million | Linux Today

Raleigh News & Observer: Red Hat Bond Sales Reach $500 Million

Written By
Web Webster
Web Webster
Jan 8, 2004

“Tuesday morning, Red Hat planned to sell $400 million in bonds.
By day’s end, it had orders for $500 million.

“Investor demand for the 20-year notes was stronger than
anticipated, allowing the Raleigh company to raise more money to
pay for acquisitions or international expansion. That was fueled in
part by growing interest in the Linux computer operating system and
Red Hat’s rising fortunes…”


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Web Webster

Web Webster

Web Webster has more than 20 years of writing and editorial experience in the tech sector. He’s written and edited news, demand generation, user-focused, and thought leadership content for business software solutions, consumer tech, and Linux Today, he edits and writes for a portfolio of tech industry news and analysis websites including webopedia.com, and DatabaseJournal.com.

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