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3PAR Inc. Jumped To A New After Accepting Dell Offer

3PAR Inc. (PAR) announced Friday morning that it accepted an offer to be acquired by Dell Inc. (DELL) for a price of $27 per share. Dell matched the increased takeover by competitor Hewlett-Packard (HPQ).

3PAR Inc. gapped open dramatically higher Friday and climbed for the bulk of the morning. The stock ended the day higher by 6.43 at $32.46 on strong volume. 3PAR finished at a new high for the year Friday.

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