An interesting deal. IBM has a strong presence in this area, and of course Redhat is a Raleigh based company. Details of the deal are here: https://www.marketplace.org/2018/10/29/business/ibm-bets-34-billion-cloud-computing-red-hat-purchase.
A back of the envelope analysis suggests that there's about $7bn in merger gains.
A Finance Professor's blog. I am a Professor of Finance in the Poole College of Management at NC State University. My website: https://sites.google.com/ncsu.edu/warr Opinions are my own.
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