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Comment: IBM-Red Hat deal showcases trend for closed-door merger prep in Brussels

By James Pressley* ( April 15, 2019, 12:12 GMT | Comment) -- IBM’s $34 billion buyout of Red Hat is following a pattern now common for jumbo mergers by landing in what might look like regulatory limbo — months of closed-door talks with EU officials before a deal is formally filed for competition review. Interested outsiders are shut out of these “prenotification” discussions, but the process itself is no mystery. MLex talked to practitioners with years of experience to piece together a layman’s guide.International Business Machines’ $34 billion buyout of Red Hat and other jumbo mergers often land in what might look like regulatory limbo — months of closed-door talks with EU officials before a deal is formally filed for competition review....

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