{"id":2187,"date":"2012-06-18T15:33:00","date_gmt":"2012-06-18T15:33:00","guid":{"rendered":"http:\/\/cloudcomputing.sys-con.com\/node\/2298293"},"modified":"2012-06-18T15:33:00","modified_gmt":"2012-06-18T15:33:00","slug":"dell-reportedly-offers-2-15-billion-for-quest","status":"publish","type":"post","link":"https:\/\/icloud.pe\/blog\/dell-reportedly-offers-2-15-billion-for-quest\/","title":{"rendered":"Dell Reportedly Offers $2.15 Billion for Quest"},"content":{"rendered":"<p>Quest Software said last Thursday that it got an acquisition offer worth about $2.15 billion from an unidentified \u201cstrategic bidder.\u201d<br \/>\nReuters claims the unidentified mystery bidder is Dell after talks to buy Quest broke down earlier.<br \/>\nThe $25.50-a-share cash offer bests the $23 a share Quest accepted back in March from private equity house Insight Venture Partners. Insight has to sweeten its offer or let it go for a break-up fee of either $4.2 million or $6.3 million.<br \/>\nWall Street punters pushed the stock up ~10% betting it could go for better than $26 a share. JP Morgan has said the company is worth $28 a share or around $2.36 billion.<br \/>\nQuest reportedly got several offers during the 60-day \u201cgo-shop\u201d arrangement it struck with Insight to see if it could fetch a better price.<\/p>\n<p><a href=\"http:\/\/cloudcomputing.sys-con.com\/node\/2298293\" >read more<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Quest Software said last Thursday that it got an acquisition offer worth about $2.15 billion from an unidentified \u201cstrategic bidder.\u201d<br \/>\nReuters claims the unidentified mystery bidder is Dell after talks to buy Quest broke down earlier.<br \/>\nThe $25.50-a-&#8230;<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-2187","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/posts\/2187","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/comments?post=2187"}],"version-history":[{"count":0,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/posts\/2187\/revisions"}],"wp:attachment":[{"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/media?parent=2187"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/categories?post=2187"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/tags?post=2187"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}