Compaq said it was still interested in pursuing opportunities to expand its services, but that economic conditions didn't warrant upping its offer of $5.75 per share.
Dimension has offered $7.50 per share, for a total purchase price of almost $350 million.
Proxicom shares closed today at $7.31, down 33 cents. -- Catharine P. Taylor
Copyright May 2001, Crain Communications Inc.