Compuware Corporation CPWR
confirmed today that its Board of Directors has received an unsolicited,
conditional, [non-binding] proposal from Elliott Management Corporation to
acquire all of the outstanding shares of Compuware for $11.00 per share. The
Board said it will review all aspects of the proposal in consultation with its
financial and legal advisors in due course. The Board emphasized that
shareholders need not take any action at this time.
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