Continuing Coverage of the Dell-HP-3PAR Bidding War - EnterpriseStorageForum.com

Continuing Coverage of the Dell-HP-3PAR Bidding War

The duel between HP and Dell over 3PAR hit a fever pitch on Friday when HP countered Dell's $27-per-share offering with a $30-per-share bid, bringing the value of the deal to about $2 billion. Later in the day, 3PAR announced that the HP bid was a "superior offer" to Dell's, and 3PAR's board of directors notified Dell of its intention to terminate the merger agreement. Dell has three business days to respond.


Read the full story at InfoStor.

Follow Enterprise Storage Forum on Twitter.


Comment and Contribute

 


(Maximum characters: 1200). You have characters left.

 

 

Storage Daily
Don't miss an article. Subscribe to our newsletter below.

Thanks for your registration, follow us on our social networks to keep up-to-date