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If a company goes into chapter 7, the entire company is disbanded and its assets are sold off. In that scenario, Red Hat, as a division of IBM, would cease to e
by bleepblorp 6y ago
If a company goes into chapter 7, the entire company is disbanded and its assets are sold off. In that scenario, Red Hat, as a division of IBM, would cease to exist.
- indigodaddy 6y agoPerhaps. My point is that Red Hat will still thrive under whatever parent company they wind up in. Red Hat would still be a thing. A very huge thing, and still a very huge moneymaker. Red Hat doesn’t disappear.