Hedge Fund News From HedgeCo.Net

Compuware to hedge fund: Software biz is not for sale… at that price

The Register – After a little more than a month of careful consideration, systems and application performance management software maker Compuware has told Paul Singer, who runs the Elliott Management hedge fund, that he can keep his $2.3bn and that Compuware is not for sale.

Well, not at that price, anyway. Every public company is always for sale by definition, and for a high enough price most private ones are, too.

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