Quest Software's (QSFT +5%) secret strategic admirer comes back with an increased $2.32B bid for...

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

Quest Software's (QSFT +5%) secret strategic admirer comes back with an increased $2.32B bid for the company, which is higher than the $2.17B proposed by P-E firm Insight. The suitor, possibly Dell (DELL), offered $27.50/share, or a 5% premium to Quest's Friday close of $26.22. (PR)