Tuesday, October 30, 2018

Red Hat jumps, IBM shares dip on cloud mega-merger

IBM Corp's $34 billion deal to buy Red Hat Inc drove shares in the small but fast-growing software maker about 50 percent higher on Monday, reflecting the huge premium IBM is paying to ward off any potential challenger bids.


from Reuters: Technology News https://ift.tt/2Ay2SO2

No comments:

Post a Comment