Noble Financial Upgrades Compuware (CPWR) to Buy

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Go back to Noble Financial Upgrades Compuware (CPWR) to Buy

No Sale for Compuware (CPWR), Approves Dividend Spin-Off of Remaining Covisint Shares

January 25, 2013 7:37 AM EST

Compuware Corporation (Nasdaq: CPWR) said its Board of Directors, after thorough analysis with its independent financial and legal advisors, completed its comprehensive review of the companys alternatives and approved an action plan to realize the inherent value of Compuware for its shareholders. In connection with this analysis and review, the Board also unanimously concluded that Elliott Management Corporations proposal to acquire all of the outstanding shares of Compuware for $11.00 per... More