Compuware agrees to private equity sale

Reuters News
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Posted: Sep 02, 2014 10:28 AM

(Reuters) - Business software maker Compuware Corp agreed to be bought by private equity investment firm Thoma Bravo LLC in a deal valued at about $2.5 billion.

Compuware shareholders will get $10.43 per share in cash at a premium of 11.6 percent over the stock's Friday close of $9.35, the companies said in a joint statement.

(Reporting by Supantha Mukherjee in Bangalore; Editing by Joyjeet Das)