Article By:
SureDividend
Tuesday, July 9, 2019 9:43 PM EST
IBM has been a storied company in an industry that demands adaptation. In the last decade the company’s growth has been severely called into question as revenues steadily declined by more than 25% in the 2011 through 2017 period.
This is the analysis and performance review of the top 20 US based cash merger arbitrage spreads for the week 19th-22nd February. Included in this week's report are the winners, losers and overall performance of the portfolio.
Article By:
Tyler Durden
Saturday, February 23, 2019 3:45 PM EST
After a dreadful year for professional (carbon-based) money managers, when in 2018 the average hedge fund posted the worst return since 2011, equity hedge funds have had a strong start to 2019.
Article By:
Sramana Mitra
Thursday, January 24, 2019 11:30 AM EST
By acquiring Red Hat, IBM plans to become the leading hybrid cloud provider. It plans on offering companies the only open cloud solution that will help unlock this identified potential.
IBM is attempting to reset the cloud landscape via its acquisition of Red Hat and in the process will become the undisputed number one leader in hybrid-cloud which is an emerging $1 trillion market.
Article By:
MoneyShow.com
Sunday, November 4, 2018 2:12 AM EST
IBM announced it will acquire Red Hat, Inc. for $190 per share, representing a total enterprise value of $34 billion; the largest deal in IBM’s history. IBM’s turnaround will receive a boost from the Red Hat acquisition.
Even if IBM continues to grow at low rates, it is still undervalued. Because, even a company with no growth is worth more than IBM with its significant resources is currently trading at.
A discussion on the details of IBM’s historic bid to buy open source software giant Red Hat and speculates about what it could mean for the future of the cloud computing industry.
Article By:
The Fly
Sunday, October 28, 2018 4:39 PM EST
IBM (IBM) and Red Hat (RHT) announced 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 per share in cash.
Article By:
21st Money
Sunday, October 28, 2018 3:15 PM EST
IBM is in the headlines once again, going all in at the poker table. The company is rolling the dice and proposing to purchase Red Hat, a provider of open source software solutions, for US $34 billion.