IBM also secured a notice of early termination of the required waiting period for the transaction under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, the company said Friday in a Securities and Exchange Commission filing.
IBM expects the deal to be completed in the latter half of 2019.
IBM announced in October that it agreed to buy Red Hat for $190 per share in cash in a push to create a global hybrid cloud provider.
The Defense Information Systems Agency’s Defense Information Technology Contracting Organization has awarded Modern Technology Solutions Inc. a potential $416 million contract,…
L3Harris Technologies has secured a potential $200 million follow-on contract from Lockheed Martin to supply insensitive munition propulsion units for…
The Department of Justice has completed its assessment of the proposed $34B acquisition of Red Hat (NYSE: RHT) by IBM (NYSE: IBM).
