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HP today raised the price of its takeover offer for storage vendor 3PAR to $33 a share. The board of 3PAR says the latest HP offer is a "superior proposal" compared to an updated $32 a share bid from rival suitor Dell.
Will HP's $2 billion, $30 a share bid for storage vendor 3PAR (PAR) be the last word? The ball is in Dell's court. Here's a roundup of the latest news, commentary and analysis on the Battle for 3PAR.
The takeover battle for storage vendor 3PAR has kicked into high gear. On Thursday night HP raised its offer to $27 a share, and Dell promptly responded with a revised bid that matches HP at $27, or about $1.8 billion
Dell has raised its acquisition offer for storage vendor 3PAR to $24.30 a share, slightly higher than the $24 a share bid from HP, and said that 3PAR had accepted its bid. Is a higher bid coming? Investors think so.
Why is storage vendor 3PAR the focus of such intense interest, and what's at stake for Dell and HP? Here's our mega-roundup of notable analysis and commentary about the Battle for 3PAR.
Dell today announced an agreement to acquire 3PAR (PAR) for $1.15 billion. Here's our roundup of noteworthy analysis and commentary from around the web
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