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It appears that computer firm Hewlett-Packard (HPQ) was not going to sit idly by and allow Dell (DELL) to purchase data storage firm 3Par (PAR). Reportedly, HP is bidding $1.5 billion for 3Par, more than Dell's offer of $1.13 billion.
This potential bidding war between California-based HP and Dell demonstrates that both companies are attempting to find larger profits by moving beyond personal computers. HP's offer comes to $24 per share, which is a 33% premium over Dell's $18-per-share bid.
Reportedly, Potash (POT) is considering joining forces with global firms that would be able to present an offer to compete with BHP Billiton's (BHP) $38.6 billion bid.
According to The Wall Street Journal, people "familiar with the matter" stated that there could be a global consortium in the works to make a counteroffer for Potash. BHP has gone straight to Potash shareholders with its offer of $130 per share.
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