Compuware Corp should imagine an instantaneous sale or a brand new restructuring plan, activist investor Starboard Value LP mentioned in a letter to the trade instrument maker on Thursday. Compuware had not acquired any takeover provide that was high sufficient for it to comply with a deal, Chief Government Bob Paul told Reuters in an interview earlier than the letter used to be made public. The company has been on the center of takeover hypothesis after it rejected a $2.three billion supply from its biggest shareholder, Elliott Administration Corp, in January and has because held talks with a couple of private equity firms. Compuware was once not to be had for comment after the publication of the letter.
Investor Starboard asks Compuware to consider immediate sale
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