IBM (IBM) informed DOJ concluded its review of its proposed acquisition of Red Hat (RHT) without remedies or conditions

May 6, 2019 6:53 AM EDT

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IBM (NYSE: IBM) disclosed in an SEC filing regarding its purchase of Red Hat (NYSE: RHT):

On May 3, 2019, IBM was informed that the U.S. Department of Justice has concluded its review of IBM’s proposed acquisition of Red Hat without remedies or conditions and received a notice of early termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976. IBM and Red Hat continue to work with competition authorities in other jurisdictions, and IBM continues to expect the transaction to close in the second half of 2019.

IBM’s web site (www.ibm.com) contains a significant amount of information about IBM, including financial and other information for investors (www.ibm.com/investor/). IBM encourages investors to visit its various web sites from time to time, as information is updated and new information is posted.



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