Adopted from this post
sudo yum install libtermcap-devel
export LIBEDIT_VERSION=0.3
curl -LOk http://jaist.dl.sourceforge.net/sourceforge/libedit/libedit-$LIBEDIT_VERSION.tar.gz
tar -zxf libedit-0.3.tar.gz
cd libedit
CFLAGS='-g -O2 -fPIC' ./configure --prefix=/usr