Quest Software Gets Increased Offer
The bidding war for Aliso Viejo-based Quest Software, the developer of IT management software, continued this morning, as the firm reported that an un-named, strategic bidder has upped its proposal to acquire the company to $27.50 per share in cash. The bidder--believed to be Dell Computer--trumps the last offer, $25.75 per share from Insight Venture Management and its partners.
posted on Monday, June 25, 2012
Related companies:
QuestMark Partners
Related stories:
> Quest Software Bidders Up Offer
> Quest Software Gets $2.15 Billion Offer For Firm
> Quest Adds Unix Compliance Software
> Quest Software Loses CEO
> Quest Software Bidder Is Likely Dell
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