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| Red Hat shares up on speculation of Oracle deal |
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| Publication: | Reuters | Date: | Mar 23 2009 |
Investors have long speculated that software giant Oracle would one day buy Red Hat, which sells subscriptions to maintain services for its version of the open-source Linux operating system. Jefferies & Co analyst Katherine Egbert said the speculation surged on Monday, but that she believed the timing was not right for a deal.
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