Owners of a third of 3PAR back HP bid
Data storage provider 3PAR Inc
said on Friday that shareholders owning about a third of its shares have agreed to accept Hewlett-Packard Co's
HP won a bidding war for 3PAR as Dell Inc
3PAR had traded mostly around $10 this year, until Dell announced a $18 per share bid in mid-August.
Its shares were down 3 cents at $32.85 in premarket trade after closing at $33.88 on New York Stock Exchange Thursday.
The storage company competes with bigger rival EMC Corp
(Reporting by Sinead Carew; editing by Gerald E. McCormick)
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