Oct 282018
 

Bloomberg is reporting that IBM has agreed to acquire Red Hat for over $33 billion. “International Business Machines Corp. will pay $190 a share in cash for Raleigh, North Carolina-based Red Hat, according to a statement from the companies Sunday, confirming an earlier Bloomberg News report. That’s a 63 percent premium over Red Hat’s closing price of $116.68 per share on Friday.”

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 2018-10-28

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