Reuters logo
Elliott Management offers to buy Compuware for $2.3 bln
December 17, 2012 / 3:26 PM / 5 years ago

Elliott Management offers to buy Compuware for $2.3 bln

Dec 17 (Reuters) - Activist investment firm Elliott Management Corp said it offered to buy business software maker Compuware Corp for $2.3 billion.

The $11 per share offer is at a 15.4 percent premium to Compuware’s Friday close on the Nasdaq.

Elliott Management and its affiliates hold about 8 percent of Compuware.

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below