H-P (HPQ +0.5%) wins the bidding war for 3Par (PAR +2.2%), as Dell (DELL +1.3%) says it "will...

|About: HP Inc. (HPQ)|By:, SA News Editor

H-P (HPQ +0.5%) wins the bidding war for 3Par (PAR +2.2%), as Dell (DELL +1.3%) says it "will not increase its most recent proposal to acquire 3PAR, and that Dell has ended its discussions regarding a potential acquisition. Dell is entitled to receive a $72M break-up fee from 3PAR upon the termination of its merger agreement." (PR)