Tag Archives: CPWR

As Compuware Goes Private, A Parting Gift To Shareholders- Covisint Shares And A Tax Bill

Last month, Compuware(CPWR) agreed to be acquired by private equity firm Thoma Bravo.  As part of the deal, Compuware committed to divest all shares of Covisint(COVS) that it retained after conducting an IPO within 60 days.  Well within its window, Compuware announced on Friday that it would be distributing the shares at the end of the month. Compuware… Read More »

WPX Energy To Enter S&P 500

When WPX Energy(WPX)is spun off from The Williams Companies(WMB) on December 31 as we discussed previously, it will immediately join the S&P 500, replacing Compuware(CPWR).  Parent company The Williams Companies will remain in the index as well.  This continues a trend of large companies breaking into pieces large enough to themselves be constituents of the premier large cap… Read More »