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Stock impact report

HashiCorp ticks lower amid concern IBM deal close could be pushed into next year [Seeking Alpha]

HashiCorp, Inc. (HCP) 
Last hashicorp, inc. earnings: 10/30 04:20 pm Check Earnings Report
US:NYSE Investor Relations: ir.hcpi.com
Company Research Source: Seeking Alpha
The UK regulatory review as well as the Federal Trade Commission's probe of the deal could push deal completion into next year, according to traders, who cited chatter that was circulating on Friday. The UK's Competition and Markets Authority early last month informed the companies that it planned to begin a Phase 1 review of the transaction. In July, HashiCorp and IBM said they received a second request from the FTC over its antitrust probe of their merger. The companies reiterated at the time that they expect the deal to close by the end of the year. There was a report in June that the FTC is studying the potential for reduced competition and innovation in cloud software and encryption tools. The FTC staff was asking if customers of HashiCorp ( HCP ) could find alternatives to its products after the deal is completed. Recommended For You More Trending News Recommended For You More Trending News About HCP Stock Related Stocks Trending Analysis Trending News Show less Read more
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