Red Hat CFO: We have a Plan B if Duke-Progress merger faces complications
Dec 19, 2011, 06:00 (0 Talkback[s])
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"Other than the utility companies themselves, no corporation has
as big a stake in the delay of the Duke Energy Progress Energy
merger than Raleigh-based Red Hat.
Red Hat (NYSE: RHT), which employs about 800 people in Raleigh,
plans on moving its headquarters from Centennial Campus to the Two
Progress Plaza building in downtown Raleigh starting in mid-year
2012. The process would take at least six months.