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by colinbartlett
3587 days ago
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> $32 per-share-offer represents a premium of 6 percent to Rackspace's Thursday closing price. Quite a fall from almost $80 in 2013. I was a satisfied Rackspace customer back around 2001 when I had a web hosting business, but it was truly a premium service - very expensive compared to competitors. We ended up going with our own bare metal eventually. Then, when everything moved to the cloud, Rackspace seemed a little behind the times and Heroku and AWS got my business. |
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