Compuware Declines $2.3B Bid In Favor Of Own Growth Plan
By Natalie Rodriguez ( January 25, 2013, 1:56 PM EST) -- Software maker Compuware Corp.'s board of directors spurned a $2.3 billion bid from activist hedge fund Elliott Management Corp. on Friday and outlined a new company strategy that calls for spinning off its Covisint Corp. unit after an initial public offering....
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