Shareholder rights law firm Johnson & Weaver, LLP has launched an
investigation into whether the board members of Compuware Corporation
(NASDAQ: CPWR) breached their fiduciary duties in connection with the
proposed sale of the Company to Thoma Bravo, LLC.
Wizard World, Inc. (OTCBB:WIZD) today announced that VIP, three-day and
single day admissions are now available for its first seven Comic Con
events on the 2015 schedule, through the year's first quarter.
Networks , Inc. (Nasdaq: SONS), a global leader in securing and
enabling real-time communications, today announced that the Sonus
portfolio of Session Border Controllers (SBCs) is formally certified for
interoperability by Genesys, a leading provider of customer experience
and contact center solutions.
Wild Wings®, Inc. (NASDAQ: BWLD) announced it is launching GameBreak™ ,
a single sign-on, multi-platform gaming experience allowing consumers to
play a wide range of fantasy-style and competitive sports games in
restaurant (via tablet), online
and on a mobile app for Android
St. Jude Medical, Inc. (NYSE: STJ), a global medical device company,
today announced primary outcome two-year data from the FAME 2 Trial
which demonstrated sustained superiority with FFR-guided
PCI using St.
Elliott Management Corporation (“Elliott”) today entered into a support
agreement to vote its shares in favor of the acquisition and issued a
public statement regarding Compuware Corporation (NASDAQ:CPWR).
“Today’s announcement reflects the successful conclusion of a multi-year
process to create value for Compuware shareholders,” said Jesse Cohn,
portfolio manager at Elliott Management Corporation, Compuware’s largest
Groupon Inc. shares (GRPN) rose 2.4% in early trade, after RBC upgraded the stock to sector perform from underperform, citing a more reasonable valuation after a pullback and signs of operational improvements.
Forum Energy Technologies, Inc. (NYSE: FET) today announced that it has
received an order from Vard Holdings Limited (“VARD”) to supply eight
Perry XLX 150HP work-class remotely operated vehicle (ROV) systems.
(NYSE:KED) Kayne Anderson Energy Development Company (the “Company” or
“KED”) announced today that it has entered into a $70 million secured
term loan (the “Term Loan”) as part of an amendment to its existing
secured credit facility (the “Credit Facility”). All of the proceeds
from the Term Loan were used to partially repay amounts borrowed on the
Company’s existing $120 million secured revolving credit facility (the
“Revolving Facility”). Outstanding loan balances on the Term Loan accrue
interest daily at a rate equal to one-month LIBOR plus 1.35%. The
interest rate of the Revolving Facility was unchanged at one-month LIBOR
The Term Loan matures on August 28, 2018, and as part of the amendment
to the Credit Facility, the maturity date of the Revolving Facility was
extended to August 28, 2017.
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