Compuware Corporation (NASDAQ:CPWR) Investor Alert: Investigation of Takeover by Thoma Bravo

An investigation on behalf of investors of Compuware Corporation (NASDAQ:CPWR) in connection with the proposed takeover was announced and NASDAQ:CPWR stockholders should contact the Shareholders Foundation.

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San Diego, CA -- (SBWire) -- 09/09/2014 --An investigation on behalf of investors, who currently hold shares of Compuware Corporation (NASDAQ:CPWR), was announced concerning whether the takeover of Compuware Corporation by Thoma Bravo for $11 per share is unfair to NASDAQ:CPWR stockholders.

Investors who purchased shares of Compuware Corporation (NASDAQ:CPWR) and currently hold any of those NASDAQ:CPWR shares have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm concerns whether certain officers and directors of Compuware Corporation breached their fiduciary duties owed to NASDAQ:CPWR investors in connection with the proposed acquisition.

On September 2, 2014, Compuware Corporation (Nasdaq: CPWR) and Thoma Bravo jointly announced that Compuware has entered into an agreement to be acquired by private equity investment firm Thoma Bravo, LLC, in a transaction valued at approximately $2.5 billion.

Under the terms of the agreement, pending shareholder approval, Compuware shareholders will receive an aggregate value of approximately $10.92 per share.

However, given that at least one analyst has set the high target price for NASDAQ:CPWR shares at $11 per share, the investigation concerns whether the offer is unfair to NASDAQ:CPWR stockholders.

In addition, given that Elliott Management, which owns approximately 9.5 percent of Compuware's common stock, has already entered into an agreement with Thoma Bravo agreeing to vote its shares in favor of the transaction, the investigation concerns whether the Compuware Board of Directors undertook an adequate sales process, adequately shopped the company before entering into the transaction, maximized shareholder value by negotiating the best price, and acted in the shareholders' best interests in connection with the proposed sale.

Compuware Corporation reported that its Total Revenue declined from $723.90 million for the 12 months period that ended on March 31, 2013 to $720.76 million for the 12 months period that ended on March 31, 2014 while its Net Loss of $17.25 million for the 12 months period that ended on March 31, 2013 turned into a Net Income of $71.58 million for the 12 months period that ended on March 31, 2014. Shares of Compuware Corporation (NASDAQ:CPWR) traded in March 2013 as high as $12.49 per share.

On September 5, 2014, NASDAQ:CPWR shares closed at $10.63

Those who are current investors in Compuware Corporation (NASDAQ:CPWR) shares have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com

Media Relations Contact

Michael Daniels
General Manager
Shareholders Foundation
858-779-1554
http://www.ShareholdersFoundation.com

View this press release online at: http://rwire.com/544058