Quest Buys Back Stock Instead of Cos.

Autor: Tolkoff, Sarah
Předmět:
Zdroj: Orange County Business Journal. 6/22/2009, Vol. 32 Issue 25, p1-59. 2p.
Abstrakt: The article reports on the move of software company Quest Software Inc. in changing its business strategy from acquiring companies to buying stocks in 2009 in the U.S. It is noted that the company planned to repurchase 11 million shares worth $150 million and it is willing to pay between $12.50 and $14 per share of stock. It states that Quest has ended its acquisition plans after it purchased Monosphere Inc., a data storage network-based firm.
Databáze: Regional Business News