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Stock Spinout

Compuware headquarters in downtown Detroit

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 950–01/27/2013

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