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Dell cedes data-storage maker 3Par to HP

SEATTLE (AP) — Dell Inc. is walking away from a bidding contest with rival Hewlett-Packard Co. for data-storage maker 3Par Inc. Dell said Thursday it won't match HP's offer to pay $33 per share for 3Par, or about $2. 07 billion. Dell's decision came barely an hour after 3Par announced it had received Dell's revised offer of $32 per share and then the even stronger bid from HP. In a statement, 3Par said Dell's revised offer contained new terms that it found unacceptable, including a with...

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