Quest Gets $27.50-a-Share Bid, Topping Insight Buyout Offer

Quest Gets $27.50-a-Share Bid, Topping Insight Buyout Offer

Brent Lewin/Bloomberg

Quest said on March 9 it agreed to be acquired by Insight for $23 a share, and two months later said it received several other proposals that it anticipated would lead to a superior offer.