DETROIT, Dec. 17, 2012 (GLOBE NEWSWIRE) -- Compuware Corporation (Nasdaq: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.
Compuware Corporation, the technology performance company, makes technology make a difference by providing software, experts and best practices to ensure technology works well and delivers value. Compuware solutions make the world's most important technologies perform at their best for leading organizations worldwide, including 46 of the top 50 Fortune 500 companies and 12 of the top 20 most visited U.S. web sites. Visit us at http://www.compuware.com.
The Compuware logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=5950
CONTACT: Press Contact Lisa Elkin, email@example.com 313-227-7345