As I was writing this, news of the HP / Dell bidding war for 3PAR broke on the front page of Yahoo. This made me laugh, as it typified just how crazy this story has become—few things outside of a bidding war will make a storage acquisition sexy enough to make mainstream news.
At , HP’s current offer is the sixth bid, a 200 percent premium over 3PAR’s previous share price. Not only is this insane, but it’s also nearly unprecedented in M&A history. And since 3PAR is trading above the market thinks Dell will bid even higher.
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