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BREAKING NEWS: IBM To Acquire Red Hat @ibm @redhat

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IBM To Acquire Red Hat – Oct 28, 2018.

IBM and Red Hat, the world’s leading provider of open source cloud software, announced today that the companies have reached a definitive agreement under which IBM will acquire all of the issued and outstanding common shares of Red Hat for $190.00 per share in cash, representing a total enterprise value of approximately $34 billion.

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