IBM Closes Landmark Acquisition of Red Hat for $34 Billion
July 09, 2019
July 09, 2019
ARMONK, New York, July 9 -- Red Hat, a provider of open source software solutions, issued the following news release:
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- Defines Open, Hybrid Cloud Future
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ARMONK, N.Y. and RALEIGH, N.C. -- IBM (NYSE:IBM) and Red Hat announced today that they have closed the transaction under which IBM acquired all of the issued and outstanding common shares of Red Hat for $190.00 per share in cash, representing a total equity value of approximately $ . . .
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- Defines Open, Hybrid Cloud Future
* * *
ARMONK, N.Y. and RALEIGH, N.C. -- IBM (NYSE:IBM) and Red Hat announced today that they have closed the transaction under which IBM acquired all of the issued and outstanding common shares of Red Hat for $190.00 per share in cash, representing a total equity value of approximately $ . . .