Oct 28, 2018 - It could be an interesting Merger Monday as Bloomberg is reporting IBM as near a deal to acquire Red Hat (NYSE:RHT). Red Hat's most recent market cap was just north of $20B.Developing .
Oct 28, 2018 - The acquisition is by far IBM's largest deal ever, and third-biggest in the history of U.S. tech.
Oct 28, 2018 - IBM (NYSE:IBM) acquires Red Hat (NYSE:RHT) for $190/share in cash, a total enterprise value of $34B. Red Hat will operate as a unit within IBM’s Hybrid Cloud team. IBM says it will remain commi
Oct 29, 2018 - Names on the move ahead of the open.
Oct 29, 2018 -
IBM Common Stock (NYSE: IBM) announced it will purchase Red Hat Inc (NYSE: RHT)'s
Oct 29, 2018 - It seems that companies are braving trade war fears and uncertainty around U.S. mid-term elections and going for mergers and acquisitions.
Oct 29, 2018 -
Following the market opening Monday, the Dow traded up 1.31 percent to 25,012.66 while the NASDAQ climbed 1.7 percent to 7,289.15. The S&P also rose, gaining 1.74 percent to 2,704.90.
Oct 29, 2018 - Data processing firm Red Hat (RHT) shares are up nearly 50% at this hour of today's pre-market upon the announcement that it has agreed to be acquired by IBM (IBM) for $34 billion.
Oct 29, 2018 - Ryan McQueeney checks in with the market's major indexes as Wall Street hopes for a rally from the recent extended selloff. He also recaps a few headlines, including IBM's acquisition of Red Hat and the morning's top earnings news.
Oct 29, 2018 - Amazon plummeted Monday, dropping for a second day after reporting disappointing financial results on Thursday.