EMC Tops NetApp's Offer For Data Domain
June 02, 2009 at 13:31 PM EDT
EMC Corp. (NYSE: EMC) offered approximately $1.8 billion to acquire Data Domain Inc. (Nasdaq: DDUP), topping NetApp Inc.'s (Nasdaq: NTAP) approximate $1.5 billion bid. Shares of EMC eased 25 cents to $12.67 while Data Domain stock leaped $4.95 to $31.30. NetApp stock fell $1.12 to $19.57.
