(Bloomberg) -- IBM also plans to suspend its share buyback program in 2020 and 2021..Sees deal adding to free cash flow, gross margin within 12 months of closing Plans to close deal through cash and debt combo Deal has enterprise value of $34b .Note: IBM Is Said to Near Deal to Acquire Software Maker Red Hat.To contact the reporter on this story: Allison Saunders in Princeton at asaunders9@bloomberg.net.To contact the editor responsible for this story: Chakradhar Adusumilli at cadusumilli@bloomberg.net.©2018 Bloomberg L.P.