Monday, 17 December 2012

Hedge fund Elliott offers $2.3bn for Compuware

Hot on the heels of Covisint subsidiary IPO plan


New York-based hedge fund Elliott Management has been on the hunt for undervalued software companies in which to invest. A few years back, it tried to buy Novell but failed in the attempt, but last month, Elliott started amassing shares in Compuware, a systems and application management software maker, and now it wants the whole enchilada.…






via The Register - Cloud

http://go.theregister.com/feed/www.theregister.co.uk/2012/12/17/elliott_buy_offer_compuware/

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