Brocade (BRCD) Higher On More Bid Talk

Shares of Brocade Communications (Nasdaq: BRCD) are higher this morning on talk that, while Oracle (Nasdaq: ORCL) may not bid for the company, HP (NYSE: HPQ) may be ready to put an offer on the table.

Shares are up 3% this morning in active trading.

On Monday, the WSJ reported that the company has quietly put itself up for sale and analysts think that this would make sense.

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