Compellent May Be Bought

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Compellent Rises After Conference Cancellation Fuels Talk it May Be Bought

Compellent Technologies Inc. surged 17 percent, setting a record, after it backed out of an investor conference, fueling speculation it may be a takeover target. The company’s chief financial officer, John Judd, was scheduled to present tomorrow at the Barclays Capital Global Technology Conference in San Francisco. He won’t participate because of a scheduling conflict, said Jenifer Kirtland, an outside spokeswoman for Compellent. She declined to elaborate.