Sunday, 29 November 2015
Last updated 2 days 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.
Oct 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…