I have few questions in light of recent news IBM to buy Red Hat
Why would Red Hat's price be going down? Is it because some people/organisations had the stock on hold and decided to sell it instead of waiting for the merger?
How likely is this offer to go through at $190? Given that this is an official press release, is it likely that the merge will occur at that price or could it be lower?
What will happen if you don't sell Red Hat shares to IBM. Would they be worthless ?