NEW YORK (Dow Jones) - Dell Inc. 's (DELL) take over bid for 3PAR Inc. (PAR) sent ripples through the data-storage sector Monday as investors looked for the next Possible target and digested what the deal mean for Zapraszamy Other big players.
Computer giant Dell Said Monday it Plans to Buy 3PAR for about $ 1.2 Billion in cash, or $ 18 a share, a rich 87% premium to the company's Friday closing price of $ 9.65. 3PAR's shares were recently up 87% at $ 18.01, while Dell was down 4 cents at $ 11.97.
For Dell, wakes earns about half Selling ITS revenue from personal computers, the acquisition ...
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