HP Counters Dell With $2.0 Billion Offer For 3PAR
In a rapid back and forth on bidding on 3PAR, HP said this morning that it has upped its offer to $2.0 billion, or $30.00 per share in cash, for 3PAR. The offer comes after Dell matched HP's offer of $1.8 billion, or $27.00 per share in cash, for storage developer 3PAR earlier this morning. The intense bidding war between HP and Dell started Monday, when HP put in a belated bid for 3PAR, after Dell and 3PAR had already agreed on an acquisition deal.
posted on Friday, August 27, 2010
Related companies:
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Related stories:
> Dell Trumps HP On 3PAR Bid
> HP Responds To Dell, Ups Offer For 3Par To $1.8 Billion
> 3PAR Gets Matched Offer From Dell, at $1.8 Billion
> HP Challenges Dell Acquisition of 3PAR
> 3PAR Accepts HP's $33 Per Share Offer, Dell Withdraws
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