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Stock Market & Financial Investment News

News Breaks
December 17, 2012
10:15 EDTCPWRElliott Management offers to acquire Compuware for $2.3B, or $11/share
Elliott Management Corp, affiliates of which own or have an interest economically equivalent to 8.0% of the common stock of Compuware Corporation (CPWR), announced that they sent a letter to the company's Board of Directors offering to acquire the company for $11.00 per share in cash, or an aggregate of $2.3B. Elliott is a multi-strategy investment firm with deep experience investing in public and private companies and an extensive track record of successfully structuring and executing transactions in the technology space. Shares of Compuware jumped 8.9% to $10.38 before being halted for volatility following the announcement of the offer letter.
News For CPWR From The Last 14 Days
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October 23, 2014
16:35 EDTCPWRCompuware reports Q2 EPS 9c, consensus 7c
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October 21, 2014
10:03 EDTCPWRCompuware announces distribution ratios for Covisint spin-off
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