WILMINGTON, Del., Sept. 16, 2014 (GLOBE NEWSWIRE) -- Andrews & Springer LLC, a boutique securities class action law firm focused on representing shareholders nationwide, announced today that a class action lawsuit has been filed on behalf of stockholders of Compuware Corporation ("Compuware" or the "Company") (NYSE:CPWR) seeking to challenge the Company's recently announced merger.
If you would like to join the class action, please visit our website or contact Craig J. Springer, Esq. at cspringer@andrewsspringer.com, or call toll free at 1-800-423-6013. You may also follow us on LinkedIn – www.linkedin.com/company/andrews-&-springer-llc, Twitter – www.twitter.com/AndrewsSpringer or Facebook - www.facebook.com/AndrewsSpringer for future updates.
NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A CLASS IS CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU RETAIN ONE. YOU MAY ALSO REMAIN AN ABSENT CLASS MEMBER AND DO NOTHING AT THIS POINT. YOU MAY RETAIN COUNSEL OF YOUR CHOICE.
On September 5, 2014, Compuware and Thoma Bravo LLC ("Thoma Bravo") announced the signing of a definitive merger agreement pursuant to which Thoma Bravo would acquire Compuware in a merger valued at roughly $2.5 billion. As a result of the merger, Compuware shareholders are only anticipated to receive $10.43 per share in cash in exchange for each share of Compuware. An analyst also has set a price target for Compuware at $11.60 per share, 11.2% higher than the consideration Compuware shareholders are expected to receive.
On September 10, 2014, a Compuware shareholder filed a class action complaint that challenges Compuware's merger with Thoma Bravo. The complaint was filed in the Michigan Circuit Court in Oakland County, Case No. 2014-142842-CB.
If you own shares of Compuware and want to receive additional information and protect your investments free of charge, please visit us at http://www.andrewsspringer.com/cases-investigations/CPWR or contact Craig J. Springer, Esq. at cspringer@andrewsspringer.com, or call toll free at 1-800-423-6013. You may also follow us on LinkedIn – www.linkedin.com/company/andrews-&-springer-llc, Twitter – www.twitter.com/AndrewsSpringer or Facebook - www.facebook.com/AndrewsSpringer for future updates.
Andrews & Springer is a boutique securities class action law firm representing shareholders nationwide who are victims of securities fraud, breaches of fiduciary duty or corporate misconduct. Having formerly defended some of the largest financial institutions in the world, our founding members use their valuable knowledge, experience, and superior skill for the sole purpose of achieving positive results for investors. For more information please visit our website at www.andrewsspringer.com. This notice may constitute Attorney Advertising.