HashiCorp’s stock drops as FTC issues second request for IBM deal amid concerns

HashiCorp’s stock drops as FTC issues second request for IBM deal amid concerns

Investors are expressing concerns over Hashi Corporation’s planned sale to IBM as the price dropped by nearly 1%, with rumors circulating that the Federal Trade Commission may require more information before approving the deal. The FTC is looking into the potential impact of the acquisition on competition and innovation in cloud software and encryption tools, … Read more