Dell Is Undisclosed Higher Bidder for Quest -Reuters
June 14 2012 - 5:39PM
Dow Jones News
Dell Inc. (DELL) is the unnamed "strategic bidder" whose $2.15
billion offer for Quest Software Inc. (QSFT) trumped Quest's deal
with Insight Venture Partners, Reuters reported Thursday, citing
sources familiar with the matter.
Quest earlier said in a statement that the bidder made a cash
offer of $25.50 a share. Quest's merger agreement with Insight is
worth $23 a share.
Dell declined to comment to Reuters.
Full story at
http://www.reuters.com/article/2012/06/14/us-quest-dell-idUSBRE85D1JF20120614
Write to nymonitoring@dowjones.com
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