Just Another Manic Monday.. HP Bids $24 For 3Par (DELL, PAR, HPQ)

The mergers keep coming, but now companies are bidding on the same targets. Hewlett-Packard HPQ has decided to bid for 3Par PAR at $24 per share, just days after Dell DELL decided to offer $18 per share for the company. Shares are currently trading at $24.60 in pre-market trading, suggesting that perhaps Dell may come back with a higher offer, and turn this into a bidding war. 3PAR Inc., together with its subsidiaries, provides utility storage systems in the United States and internationally. The clear winner on this manic Monday? 3Par shareholders. Merger Monday continues to roll on. The Futures & Forex Expo is approaching. Learn Free Money-Making Strategies to Use Now