Mandiant Inc. MNDT, +16.05% shares rallied Monday and were halted following reports that the cybersecurity company is also in talks with Google parent Alphabet Inc. GOOG, -4.28% GOOGL, -4.19% over a possible deal, raising the possibility of a bidding war. Mandiant shares rallied more than 20% after being paused at least once following a report from The Information of Alphabet’s interest.
In early February, Bloomberg News said Microsoft Corp. MSFT, -3.78% was talking to Mandiant over a possible deal, citing sources close to the matter, noting that discussions may not result in a deal.