News Summary: Unidentified buyer boosts Quest bid

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THE LATEST BID: Quest Software Inc. said Monday that it received a higher buyout offer worth about $2.32 billion from a bidder it did not identify.

THE HISTORY: The most recent offer of $27.50 per share follows a series of increasing bids that began after Quest announced in March that it was being acquired for $23 per share, or about $2 billion, from the investment firm Insight Venture Partners.

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