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Compuware Rejects Elliott Offer, Will Proceed with Unit IPO

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NEW YORK (Reuters) - Business software maker Compuware Corp. turned down hedge fund's proposal for a $2.3 billion buyout, choosing instead to proceed with spinning off a non-core unit.'s Elliott Management had offered in December to, raising questions about the management of the company.Elliott's ... (Publication: Reuters Hedgeworld)

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