Update: HP offers $27 per share for storage vendor 3Par, outbidding Dell again

Hewlett-Packard has raised its offer for 3Par to $27 per share, outbidding Dell once more as the battle to acquire the California-based storage vendor continues.

The offer came just hours after Dell raised its own bid to buy the company. Dell said Thursday morning that 3Par had accepted its raised offer, but the terms allowed HP to slip in with another bid. It’s now done just that, putting the ball back in Dell’s court.

Read the story at InfoWorld: Top News

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: