HP trumps Dell's bid for 3PAR

A week after Dell announced a recommended $1.15bn (£741m) bid for 3PAR, HP has made a $1.6bn counter offer.
HP, which is being led by chief financial officer turned interim chief executive Cathie Lesjak following Mr Hurd's departure, said its bid is "substantially superior" to its rival, and said it is ready to seal a deal once 3PAR's board rips up its takeover agreement with Dell.

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3254d ago