Aliso Viejo News
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Quest Software Inc., which agreed in March to be bought by private-equity firm Insight Venture Partners for about $2 billion, said it received several other offers during a so-called “go-shop” period.
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Sunstone Hotel Investors Inc. agreed to buy the Wyndham Chicago hotel from Blackstone Group LP for $88.4 million as part of a plan to expand in major U.S. cities including Boston, Washington and New York.
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Quest Software Inc., which agreed last month to be bought by private-equity firm Insight Venture Partners for about $2 billion, received another bid at the same $23-a-share price.
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Quest Software Inc., the Aliso Viejo, California-based provider of business software for managing and protecting data, was sued by an investor contending a $2 billion buyout offer by Insight Venture Partners is “inadequate.”
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Connie Wang paid about $960,000 last June for a new four-bedroom, four-bath house in a sprawling swath of Southern California that’s home to Disneyland and Pimco. Now she may buy a second as an investment.
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Quest Software Inc. rose above the $23-a-share offer from Insight Venture Partners to take the technology company private, signaling investors may anticipate higher bids.
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A buyout of Quest Software Inc. at the industry’s lowest premium is leaving the door open for higher bids by companies from International Business Machines Corp. to Dell Inc.
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Kevin Barnes figures buying a newly built home saved him money. That’s because he chose a model with a second master bedroom for his mother-in-law.
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Duke Buchan III’s $1 billion hedge fund beat U.S. stocks by 46 percent in the decade through March, a period that included the steepest equity-market losses since the 1930s.
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Lions Gate Entertainment Corp. sued billionaire Carl Icahn over the Metro-Goldwyn-Mayer Inc. studio deal in federal court in New York, alleging the financier was “secretly plotting” to merge the studios.
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