According to Reuters, the sources said on Monday, Quest Software has received the offer submitted by Dell, Dell will bid about $ 2.32 billion acquisition of business management software developers. Recently, the two bidders have been bidding Quest, a consortium led by Insight Venture Partners is the private equity fund, and another unidentified.
The source said that the mystery buyer is actually Dell. Quest on Monday disclosed it has received the mystery buyer to offer tenders, bid $ 27.50 per share in cash, but Quest did not disclose the identity of the bidders. Acquisition negotiations in private, sources requested anonymity. May 25 this year, Reuters has reported that Dell plans to $ 23 per share, -26 U.S. dollars acquisition of Quest,
Dell refused to comment on the Quest, the representatives did not immediately comment.
Dell's current offer of $ 25.75 per share, higher than earlier in the consortium led by Insight Venture Partners submitted a total of $ 2.17 billion offer. Nasdaq Quest shares rose 5.3 percent to $ 27.61 / share on Monday morning, indicating that investors expect a new higher offer. Quest said its board has determined that the new offer is better than the original offer.
Last week, after a consortium led by Insight Venture Partners offer, Quest had agreed to sell their price of $ 25.75 / share. According to sources, last month between Dell and Quest intermittent negotiations have broken down. Dell has not publicly acknowledged interest in the acquisition of Quest.
The source said that the mystery buyer is actually Dell. Quest on Monday disclosed it has received the mystery buyer to offer tenders, bid $ 27.50 per share in cash, but Quest did not disclose the identity of the bidders. Acquisition negotiations in private, sources requested anonymity. May 25 this year, Reuters has reported that Dell plans to $ 23 per share, -26 U.S. dollars acquisition of Quest,
Dell refused to comment on the Quest, the representatives did not immediately comment.
Dell's current offer of $ 25.75 per share, higher than earlier in the consortium led by Insight Venture Partners submitted a total of $ 2.17 billion offer. Nasdaq Quest shares rose 5.3 percent to $ 27.61 / share on Monday morning, indicating that investors expect a new higher offer. Quest said its board has determined that the new offer is better than the original offer.
Last week, after a consortium led by Insight Venture Partners offer, Quest had agreed to sell their price of $ 25.75 / share. According to sources, last month between Dell and Quest intermittent negotiations have broken down. Dell has not publicly acknowledged interest in the acquisition of Quest.
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