Quest Software (QSFT +1.4%) rises to $23.40 on a down day, as speculators bet a tech company...


Quest Software (QSFT +1.4%) rises to $23.40 on a down day, as speculators bet a tech company will trump Insight Venture Partners' $23/share bid. Last week, shareholders filed suit against Quest, accusing CEO Vinny Smith of quickly agreeing to a buyout in order to avoid an SEC investigation into Quest's accounting. Quest defends itself through a proxy filing that details the events leading to its LBO deal.

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