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Mega Buyout for Compuware in the Works?

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February 28, 2013

The US is the home base for this week’s deal of the week. Rumor has it that business software company Compuware is in talks with buyout firms for a take private transaction. According to Reuters, Blackstone Group LP, TPG Capital LP and Golden Gate Capital were approached. It said that the move follows the company’s rejection of a USD 2.3 billion bid from activist investor Elliott Management Corp in Jan, 2013 because the offer was not high enough.

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