3PAR accepts Dell’s increased price of $27/share

BANGALORE (BestGrowthStock) – 3PAR accepted Dell’s increased price of $27 per share, with total value of $1.8 billion.

*Says transaction is expected to be accretive to Dell non-GAAP earnings in its fiscal year 2012

* Says new accord was reached under provision in existing agreement that allows Dell to match competing bids

* Unless extended, the tender offer will expire on September 20

3PAR accepts Dell’s increased price of $27/share