International Business Machines Closes $11 Billion Acquisition of Confluent

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International Business Machines (IBM) said Tuesday it completed the acquisition of Confluent (CFLT) for $31 per share in cash, equivalent to an enterprise value of about $11 billion.

Shares of IBM were up more than 2% in Tuesday morning trading.

Price: 254.49, Change: +5.24, Percent Change: +2.10

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