Dell ups 3Par offer yet again, to $27 per share

From CNET News.com: Stop us if you've heard this before: Dell says 3Par has agreed to a buyout proposal.

On Friday morning, Dell announced that storage company 3Par has accepted Dell's third acquisition offer, this one at $27 per share, which puts the total value of the cash offer at about $1.8 billion.

This bid matches the latest counteroffer from Hewlett-Packard, which came Thursday afternoon. It also marks a 50 percent increase from Dell's initial offer.

As with Dell's previous offers, this one has been accepted by 3Par, Dell said. The two companies' agreements have been made with provisions that allow Dell to match competing bids.

On Thursday, HP offered $27 per share for 3Par in response to Dell's second proposal, at $24.30.

The bidding war got under way after Dell's initial offer earlier this month to buy 3Par for $18 per share, or about $1.15 billion total. A week later, HP countered with a bid of $24 per share.

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