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Source: Agencies |
September 3, 2010, Friday
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THE bidding contest between Hewlett-Packard and Dell for the data storage company 3Par is heating up. Even before Dell could make its latest offer public, HP has come back with a higher bid.
After Dell raised its offer to US$32 per share from US$27, HP raised its own bid to US$33 from US$30. The latest bid comes to US$2.07 billion. 3Par said yesterday HP's offer is better and it is giving Dell another three business days to come back with another bid.
After Dell raised its offer to US$32 per share from US$27, HP raised its own bid to US$33 from US$30. The latest bid comes to US$2.07 billion. 3Par said yesterday HP's offer is better and it is giving Dell another three business days to come back with another bid.
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