HP's Bid for 3PAR

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Aug. 26 (Bloomberg) -- Hewlett-Packard Co. said it has increased its proposal to acquire all of the outstanding shares of 3Par Inc. to $27 a share in cash, or an enterprise value of $1.8 billion. HP waging a bidding war with Dell Inc., said it would pay about $200 million more than a Dell offer of $24.30 a share from earlier today. Bloomberg's Matt Miller reports. (Source: Bloomberg)


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