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The board of 3Par Inc. has accepted Hewlett-Packard Co.'s 30-a-share takeover over and notified Dell Inc. that it will rescind its previous sale agreement.
The Fremont data storage company (NYSE:PAR) must wait three days to formally accept HP's (NYSE:HPQ) offer, which is valued at $2 billion. During that time Dell (NASDAQ:HPQ) has the option of matching […]

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Economist and 2006 Nobel Peace Prize winner Muhammad Yunus is scheduled to speak at Agnes Scott College Wednesday night.

The author, banker and economics professor from Bangladesh is expected to discuss his new book, “Building Social Business.” The event, which is open to the public, is scheduled to take place at 8:15 p.m. in Presser Hall. […]

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MobileIron has completed a $16 million Series C round of financing led by Paul Holland, general partner with Foundation Capital.
Menlo Park-based Foundation Capital joined existing investors Norwest Venture Partners, which has an office in Palo Alto, and Sequoia Capital and Storm Ventures, both of Menlo Park, in the financing.
Mountain View-based MobileIron makes software that manages […]

In the latest sign of renewed turbulence in the housing market, an industry group said Thursday that sales of existing homes fell 5.1% in June.
The National Association of Realtors reported that existing home sales fell last month to a seasonally adjusted annual rate of 5.37 million units, down from 5.66 million in May. Sales […]

Standard & Poor’s Ratings Services revised its outlook for Toronto-Dominion Bank to positive from stable.
One reason cited for the revision was the expectation that TD Bank would successful integrate its most recently announced U.S. acquisitions, including The South Financial Group.
South Financial (NASDAQ: TSFG), headquartered in Greenville, S. C., does business in Florida as Mercantile Bank […]

U.S. consumer prices decreased in May for the second straight month as gasoline prices fell, the Labor Department reported Thursday.
The consumer price index fell a seasonally adjusted 0.2 percent after a 0.1 percent decline in April, the government said. Energy prices fell 2.9 percent, food prices were flat and shelter prices rose […]

One of Central Ohio’s largest technology companies will have a new owner.
IBM Corp. has agreed to acquire Columbus-based Sterling Commerce Inc. in a $1.4 billion deal, the technology giant disclosed Monday.
Columbus Business First reported earlier this month that Armonk, N.Y.-based IBM was a likely suitor to buy Sterling from Dallas-based AT&T Inc. Sterling Commerce is […]

Gabriel’s Liquor and Silver Eagle Distributors are participating in Anheuser-Busch’s We I.D. program aimed at curbing underage drinking.
As part of the program, the San Antonio-based beer, wine and spirits chain will display posters and signage in its 46 locations to let patrons know that each store will be asking for valid identification whenever they purchase […]

At Upper St. Clair High School, the status quo is never good enough.
“We are dissatisfied at where we are at,” said Principal Michael Ghilani. “We are always trying to do better. No matter what awards we win, what we achieve, I think we are always trying to get better.”
It’s this attitude that has helped to […]

The Tuesday primary set the field for this fall’s elections, with Ohio’s senate, congressional and county races shaping up – while voters approved the two state bond issues on the ballot.
In one of the most-watched races, the 2nd Congressional District, incumbent Rep. Jean Schmidt will face Surya Yalamanchili, a former Procter & Gamble executive who […]