Quoting hal (vmlinux@???):

> What are the particulars?

The Bloomberg report
(https://www.bloomberg.com/news/articles/2018-10-28/ibm-is-said-to-near-deal-to-
+acquire-software-maker-red-hat)
says this is a _cash_ acquisition, the tender offer being at $190/share,
which is a huge premium over the stock's closing market price of
$116.68/share on Friday. The Bloomberg reporters claim this is IBM's
move to quickly get into cloud computing.

This is by far the largest acquisition IBM has ever carried out, and the
third largest in USA tech, ever.