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We also are prepared to commence a cash tender offer reflecting our higher price.
FORBES: HP Tops Dell Bid For 3Par
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We believe that an acquisition can be completed expeditiously and are prepared to commence a cash tender offer with no financing or due diligence conditions.
FORBES: Cypress Makes Hostile $2.48/Shr Bid For Ramtron International
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On Tuesday, KirkKerkorianKirk Kerkorian's investment company Tracinda announced the preliminary oversubscribed results of its cash tender offer for 20 million shares of Ford Motor, which expired Monday at 5 p.m. in New York.
FORBES: Magazine Article
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The cash tender offer 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.
FORBES: Luckless Dell Holds Onto 3PAR With $1.8 Billion Bid (Update: HP Counters With $2 Billion)
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The multiple advantages these electronic tender options offer versus traditional payment methods such as cash and checks including protection against theft and fraud, quicker transaction processing times, and reward programs that encourage use should continue to attract new users, especially in international markets such as Asia where cash remains the predominant payment method.
FORBES: Playing the Rebound in Consumer Spending