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A comment on IBM to buy HashiCorp in $6.4B deal. Parent comment

Re:IBM to buy HashiCorp in $6.4B deal by onlyrealcuzzo on Wednesday April 24, 2024 @04:51PM (#40149464)
IBM had ~$14B cash to start the year.

Additionally, you don't need the full purchase price in cash to buy the company. You can do leveraged buyouts, etc.

[ Parent | on HN ]
Re:IBM to buy HashiCorp in $6.4B deal by czbond on Wednesday April 24, 2024 @04:53PM (#40149492)
IBM M&A person: "We'd like to buy you in all IBM stock! <jazz hands>"

Hopefully someone at HashiCorp: "Hell no, cash please"

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Re:IBM to buy HashiCorp in $6.4B deal by Disp4tch on Wednesday April 24, 2024 @04:59PM (#40149557)
IBM stock is basically cash. Limited growth potential, very stable, fat dividend.
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Re:IBM to buy HashiCorp in $6.4B deal by mywittyname on Wednesday April 24, 2024 @05:39PM (#40150033)
Press release says it's all cash at $35/sh using cash-on-hand for the purchase.
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Re:IBM to buy HashiCorp in $6.4B deal by cqqxo4zV46cp on Wednesday April 24, 2024 @06:19PM (#40150533)
Ugh, and have you actually looked at IBM’e share price? Or is it this because IBM isn’t cool to you? A bit rich for a community that’ll go work for shares in some dinky web app startup.
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Re:IBM to buy HashiCorp in $6.4B deal by czbond on Thursday April 25, 2024 @09:38AM (#40157431)
Yes I did, it was overextended by about 30 points yesterday
[ Parent | on HN ]