Be Inc. Shares Rise on Speculation That Linux Maker Red Hat May Acquire It
By Anthony Massucci
Be Shares Rise Amid Speculation About Red Hat Acquisition
Menlo Park, California, Dec. 16 (Bloomberg) -- Shares of Be
Inc., a maker of software that runs computer operating systems,
rose as much as 39 percent on speculation it may be acquired by
Linux software maker Red Hat Inc.
Be's shares rose 6 13/16 to 32 1/16 in midafternoon trading
of 2.8 million, almost triple the three-month daily average. The
stock rose as high as 35 1/8.
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