Shareholder rights law firm Johnson & Weaver, LLP has launched an investigation into whether the board members of Compuware Corporation (NASDAQ: CPWR) breached their fiduciary duties in connection with the proposed sale of the Company to Thoma Bravo, LLC.
Additional Information:
Compuware, a technology performance company, provides software solutions and application practices for information technology (IT) organizations worldwide.
On September 2, 2014, Compuware announced it had signed a definitive agreement to be acquired by Thoma Bravo. Under the terms of the agreement Compuware shareholders will receive a net cash payment of approximately $10.25 per share.
Compuware has no long term debt and has over $275 million in cash. Most Wall Street analysts have a target price greater than the proposed purchase price offered by Thoma Bravo.
If you are a shareholder of Compuware and believe (1) the proposed buyout price is too low or (2) you’re interested in learning more about the investigation or your legal rights and remedies, please contact lead analyst Jim Baker (jimb@johnsonandweaver.com) at 619-814-4471.
About Johnson & Weaver, LLP:
Johnson & Weaver, LLP is a nationally recognized shareholder rights law firm with offices in California, New York and Georgia. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits. For more information about the firm and its attorneys, please visit http://www.johnsonandweaver.com. Attorney advertising. Past results do not guarantee future outcomes.
Contacts:
Jim Baker, 619-814-4471
jimb@johnsonandweaver.com
