Friday, 27 March 2015
Last updated 5 hours ago
Jul 16 2013 | 9:38am ET
Elliott Management and the Michigan tech company Compuware have extended their standstill agreement to September 15.
According to a filing with the U.S. Securities and Exchange Commission, Elliott and its subsidiaries said the agreement was to have expired Monday, but the parties agreed Friday to extend it another two months.
Elliott has proposed an $11-a-share buyout of Compuware, which the company rejected in January as too low. The two parties have been in on-and-off negotiations ever since.
Elliott and its affiliates own 8.7% (18.67 million shares) of Compuware.
Mar 9 2015 | 6:35am ET
As more investors look to diversify, many are beginning to use retirement funds to invest in alternative assets such as private equity and real estate. Kelly Rodriques, CEO & President of PENSCO Trust Company, explains how companies can connect with those looking to use their retirement accounts in a different way. Read more…
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…