Netapp sort of upped the ante on DDUP today with a new counter proposal to EMC's cash hostile bid.
The twittersphere has been abuzz about it, with most opinions (based on an informal and unscientific survey) indicating some disatisfaction or disappointment that Netapp's bid was not higher. The twit concensus is that Netapp's counter offer was weak.
I don't interpret it that way. Netapp's counter looks more like an offer-matching coupon that covers not only EMC's offer, but any that Dell might make as well - and possibly more.
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