bidding war

Top 10 News Items: Frenzied Bidding War for 3Par, Bernanke Stand...

StreetInsider.com News Articles  Fri, 08/27/2010 - 15:08

Here is a recap of the top news items from this week on Wall Street: 1. The bidding war for 3Par (NYSE: PAR) was unprecedented this week.

On Monday, HP (NYSE: HPQ) launched a rival $24/share bid for 3Par, topping a $18 bid from Dell (Nasdaq: DELL).

By the end of the week, HP raised its bid for 3Par to $30 per share. Dell matched it. Shares of 3Par closed the week at $32.46 on hope for an even higher bid.

Amazingly, shares of PAR were at just $9.65 on August 13th. 2. In a speech in


 

Germany to offer 4.5B credit for Magna

Newsvine - business  Wed, 08/19/2009 - 11:02

Germany's economy ministry says the country is prepared to make euro4.5 billion ($6.35 billion) in credit available to a Canadian-Russian consortium in the bidding war to take over Ruesselsheim-based carmaker Adam Opel GmbH.


 

EMC Wins Bidding War for Data Domain

NYT > Business  Wed, 07/08/2009 - 16:00

Data Domain ended its agreement to be acquired by NetApp and agreed to be acquired by EMC Corp. for $33.50 a share in cash.


 

EMC buys Data Domain, NetApp drops out of bidding

Newsvine - business  Wed, 07/08/2009 - 14:35

A bidding war over data storage company Data Domain is over, with EMC emerging as the victor.


 

DealBook: EMC Ups the Ante for Data Domain

NYT > Business  Mon, 07/06/2009 - 09:59

Raising the stakes in a contentious Silicon Valley bidding war, EMC for Data Domain to $33.50 per share in cash in hopes of snatching the company from NetApp.


 

DealBook: Bidding War for Data Domain Heats Up

NYT > Business  Wed, 06/03/2009 - 13:19

Wall Street is clearly expecting an aggressive bidding war for Data Domain after NetApp matched EMC’s $30-a-share bid for the data backup company.


 

Facebook Page Sold

DaniWeb IT Discussion Community (Featured Entries)  Sat, 05/30/2009 - 23:15

In what may be a first, a company has bought rights to a Facebook page -- in a bidding war, even. OraBrush, a company that makes tongue cleaners, has outbid Hershey's for the rights to the "Kisses" public profile, according to the Inside Facebook blog.

Pricing was not disclosed. The Kisses page has 1,158,002 fans, and every time the owner of the page posts something to it, it automatically appears on the status page of all its fans because it has "stream access." This means it's an easy way to advertise.

"Facebook wants Pages to be authentic channels for brands and authorized agents,...


 

DealBook: Madoff's Trading Firm Draws Multiple Bids

NYT > Business  Wed, 04/22/2009 - 17:43

A bidding war has erupted for the remnants of Bernard L. Madoff’s trading operation, once one of the largest market makers on the Nasdaq Stock Market.