T Jul 2024 21.000 call
| Previous Close | 0.0200 |
| Open | 0.0100 |
| Bid | 0.0100 |
| Ask | 0.0200 |
| Strike | 21.00 |
| Expire Date | 2024-07-19 |
| Day's Range | 0.0100 - 0.0200 |
| Contract Range | N/A |
| Volume | |
| Open Interest | 2.04k |
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- Reuters
UPDATE 2-IBM wins reversal of $1.6 billion judgment to BMC over software contract
A federal appeals court on Tuesday overturned a judgment requiring IBM to pay rival BMC Software $1.6 billion, after a judge found IBM improperly replaced BMC's mainframe software at AT&T with its own. The 5th U.S. Circuit Court of Appeals in New Orleans said a lower court judge's determination concerning liability was in error. Writing for a three-judge panel, U.S. Circuit Judge Edith Jones said AT&T, one of BMC's biggest clients, had switched to IBM software "independently" and that BMC had "lost out to IBM fair and square."
