Elliott Management

Compuware headquarters in downtown Detroit

Report: Compuware Shopping For Better Offer; Stock Jumps

Reuters news service is reporting that Compuware Corp. has held talks with buyout firms in hopes of getting a better offer than the $11-a-share, $2.3 billion bid for the company made in December by a New York investment firm, Elliott Management.

WWJ Newsradio 950–2013/02/21

Compuware Rejects Buyout Offer, Stock Jumps

Compuware Corp. Friday rejected an $11-a-share buyout offer from a New York hedge fund, Elliott Management Corp. Compuware officials said the offer “significantly undervalues the company and is not in the best interest of shareholders.”

WWJ Newsradio 950–2013/01/27

The atrium fountain at Compuware headquarters in downtown Detroit. Photo courtesy Maia Cowan.

Compuware Rejects Buyout Offer

Compuware Corp. Friday rejected an $11-a-share buyout offer from a New York hedge fund, Elliott Management Corp.

WWJ Newsradio 950–2013/01/25

Investor Urges Compuware To ‘Engage’ With Would-Be Buyer

Sandell Asset Management, an investor in Detroit-based Compuware Corp., has sent a letter to Compuware CEO Robert C. Paul criticizing the company’s lack of action on an $11-a-share buyout offer from the New York City hedge firm Elliott Management Corp.

WWJ Newsradio 950–2013/01/15

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