BRIEF-IBM To Acquire Hashicorp Inc For $35 Per Share In Cash-February 2024-www.financetom.com

BRIEF-IBM To Acquire Hashicorp Inc For $35 Per Share In Cash

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BRIEF-IBM To Acquire Hashicorp Inc For $35 Per Share In Cash

Apr 24, 2024 2:54 PM

April 24 (Reuters) - IBM ( IBM ):

* IBM TO ACQUIRE HASHICORP INC FOR $35 PER SHARE IN CASH

* IBM ( IBM ): DEAL EXPECTED TO BE ACCRETIVE TO ADJUSTED EBITDA WITHIN FIRST FULL

YEAR,

POST CLOSE, AND FCF IN YEAR TWO

* IBM ( IBM ): HASHICORP WILL BE ACQUIRED WITH AVAILABLE CASH ON HAND

* IBM ( IBM ): PROPOSED DEAL FOR ENTERPRISE VALUE $6.4 BILLION

Further company coverage:

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