adeelarshad82 writes: The bidding war between HP and Dell has reached a swift and dramatic conclusion. One could even say that the former company sniped the auction at the last minute—to the tune of $2 billion for the acquisition of data storage provider 3PAR. HP's not-so-subtle efforts to pull the company away from a preliminary merger agreement with Dell—a $1.15-billion arrangement announced August 16—took three successive bids to reach an ultimate conclusion. The final acquisition cost of $2 billion, confirmed by 3PAR late Friday, represents a price of $30 per share of 3PAR stock. That's triple the closing price of the company's stock before Dell's initial offer was made public, and more than double after.
Sign up for the Slashdot Daily Newsletter! DEAL: For $25 - Add A Second Phone Number To Your Smartphone for life! Use promo code SLASHDOT25. Win a FREE Moto Z2 Force Edition smartphone from Wirefly ×