Compuware Announces Receipt of Unsolicited Bid from Elliott, to Review Offer

Compuware Corporation (Nasdaq: CPWR ) confirmed today that its Board of Directors has received an unsolicited, conditional, [non-binding] proposal from Elliott Management Corporation to acquire all of the outstanding shares of Compuware for $11.00 per share. The Board said it will review all aspects of the proposal in consultation with its financial and legal advisors