SEPARATE OPERATIONS
“Theoretically, they can have very separate operations. However, most people think IBM overpaid for
Red Hat as a standalone business,” Verdonik said of the deal – the biggest ever in North Carolina –
was announced last October.
IBM had to go to the bond market to raise $20 billion to help cover the cost of the acquisition.
“That price ($190 in cash for each share) only makes sense if IBM sees a lot of synergies between the
two businesses,” Verdonik added. “It’s difficult to reap the benefits of synergies if the two businesses
really do operate separately.
“So, I don’t believe what I read about separate operations.
Switzerland will be assimilated!
https://www.wraltechwire.com/2019/06/27/red-hat-ibm-merger-mysteries-will-hatters-really-remain-separate-layoffs-will-execs-stay/