With all of this "interest" in CPWR, I would like to finally start getting some of the numbers that are being considered. If CPWR rejected $11/shr, I wonder how much more it would take for them to sell. I doubt anything else is in play - management will surely bail out shortly thereafter, so I don't think it makes any difference what the purchaser's intentions are.
Private equity funds Bain and Golden Gate Capital took BMC private in a $6.9bn deal in May. The groups have teamed up again to make a buyout bid for Compuware, which has a market value of $2.34bn, according to people familiar with the matter.
BMC and Compuware both specialise in the business software market and a combination could generate operational and cost synergies. However, according to people involved in the process, Bain and Golden Gate are not committed to merging the two businesses.