Quest Software (QSFT +9.6%) surges to $25.03, far above IVP's $23/share acquisition price, after...

|About: Quest Software, Inc. (QSFT)|By:, SA News Editor

Quest Software (QSFT +9.6%) surges to $25.03, far above IVP's $23/share acquisition price, after announcing it received multiple alternate bids during its just-ended go-shop period. Quest adds it believes the proposals will lead to a superior offer than IVP's, though it hasn't yet declared any of them to be so. IBM, Dell, EMC, and enterprise IT names have been mentioned as possible bidders for Quest. (more) (PR)