Law Firm Kirby McInerney LLP Investigating Potential Claims on Behalf of
Compuware Corporation Shareholders
NEW YORK -- December 20, 2012
Kirby McInerney LLP is investigating potential claims against the Board of
Directors of Compuware Corp. (“Compuware” or the “Company”) (NASDAQ: CPWR)
related to the proposed acquisition of the Company by Elliot Management Corp
(“Elliott”) and its affiliates. Under the terms of the proposal, Elliott will
acquire all of the outstanding common stock of Compuware for $11.00 per share
in cash, for a total enterprise value of approximately $2.3 billion.
The investigation concerns whether the Compuware Board of Directors are
violating their fiduciary duties in connection with this proposal and whether
the proposed $11.00 per share consideration adequately values Compuware common
shares. The offer price represents a mere 25% premium to the price of shares
on November 25, 2012, the day before the transaction was announced. Elliott
already owns 8% of the Company’s stock.
If you are a Compuware shareholder and wish to obtain additional information,
please contact J.Brandon Walker, Esq. by email at firstname.lastname@example.org, by
telephone at (212) 699-1145 or (888) 529-4787, or fill out a contact form.
Kirby McInerney LLP is a New York-based law firm concentrating in securities,
shareholder, whistleblower, antitrust and consumer litigation. For additional
information, please go to www.kmllp.com.
Kirby McInerney LLP
J.Brandon Walker, Esq.
212-699-1145 or 888-529-4787
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