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| [December 17, 2012] |
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The Law Firm of Levi & Korsinsky, LLP Announces Investigation into Possible Breaches of Fiduciary Duty by the Board of Compuware Corp. in Connection with a Proposed Going Private Transaction
NEW YORK --(Business Wire)--
Levi & Korsinsky is investigating the Board of Directors of Compuware (News - Alert)
Corp. ("Compuware" or the "Company") (NasdaqGS: CPWR) for possible
breaches of fiduciary duty and other violations of state law in
connection with a going private proposal from Elliott Management Corp.
("Elliott").
Click here to learn how to join the action: http://zlk.9nl.com/compuware-cpwr/,
or call: 877-363-5972. There is no cost or obligation to you.
Under the terms of the proposed transaction, Elliott would acquire the
outstanding shares of Compuware it does not currently own for a value of
$11 per share; Elliott currenly owns approximately 8% of Compuware's
outstanding shares. The transaction has a total approximate value of
$2.3 billion. The investigation concerns, among other things, whether
the proposed consideration to be paid to Compuware shareholders is
unfair, inadequate, and substantially below the fair or inherent value
of Compuware. In particular, at least one analyst set a price target for
Compuware stock at $12.00 per share.
If you own common stock in Compuware and wish to obtain additional
information, please contact Joseph E. Levi, Esq. either via email at jlevi@zlk.com
or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or http://zlk.9nl.com/compuware-cpwr/.
Levi & Korsinsky is a national firm with offices in New York and
Washington D.C. The firm has extensive expertise in prosecuting
securities litigation involving financial fraud, representing investors
throughout the nation in securities and shareholder lawsuits. The
attorneys at Levi & Korsinsky have been appointed by numerous courts
throughout the country to serve as lead counsel on behalf of
shareholders in major securities lawsuits and have successfully
recovered multimillion-dollar damages awards on behalf of investors. For
more information, please feel free to contact any of the attorneys
listed below. Attorney advertising. Prior results do not guarantee
similar outcomes.

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