We believe that an acquisition can be completed expeditiously and are prepared to commence a cashtenderoffer with no financing or due diligence conditions.
On Tuesday, KirkKerkorianKirk Kerkorian's investment company Tracinda announced the preliminary oversubscribed results of its cashtenderoffer for 20 million shares of Ford Motor, which expired Monday at 5 p.m. in New York.
The cashtenderoffer commenced on August 23, 2010 by Dell, through a wholly-owned subsidiary, is for all outstanding shares of 3PAR common stock, without interest, and subject to reduction for any federal back-up withholding or other taxes.