Starboard Joins Activist Call For Compuware's Sale

Law360, New York (November 14, 2013, 4:17 PM EST) -- New York hedge fund Starboard Value LP on Thursday pressed Compuware Corp. to either sell itself immediately or implement sweeping strategic change, adding to a chorus of activist criticism that has targeted the business software company for most of the year.

Starboard, which on Thursday disclosed its Compuware stake of slightly less than 5 percent, said that if the Detroit-based company chooses to not find a buyer, it should at least unload noncore units, switch up its board and launch a stock buyback program worth as...
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