Under the radar, a little company called Quora has started to go ballistic. It aims to create a social watering hole where interesting, sophisticated questions are asked, and intelligent answers are provided, without spam, trolls, stupidity or flame wars.
Under the agreement, Dell will pay Compellent investors $27.75 a share in cash. Problem is those investors had bid up the stock to above $34 in anticipation of a much a better offer. If they ultimately reject Dell's deal, it'll be another black eye for the computing giant.
The world's largest retailer, Walmart Stores, wants to get even larger: It has joined the bidding war for Indonesian retailer Matahari's hypermarket business, Hypermart, a deal that could be worth up to $1 billion, unnamed sources told Reuters on Thursday.
The bidding war between rival PC makers Dell (DELL) and Hewlett-Packard (HPQ) over small data storage company 3Par (PAR) has heated up once again. HP announced Thursday that it is increasing its tender offer to acquire 3Par to $33 per share in cash, or about $2.1 billion. The board of 3Par has determined that HP's revised proposal constitutes a "Superior Proposal" and notified Dell of its intention to terminate its merger agreement with it.
