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Compuware Announces Spin-Off of Covisint

DETROIT--(BUSINESS WIRE)--Compuware Corporation (Nasdaq: CPWR), the technology performance company, today announced that its board of directors has approved the distribution of all of its equity interest in Covisint (Nasdaq: COVS) to Compuware shareholders and holders of Compuware restricted stock units and has determined the approximate distribution ratios, record date and distribution date for the spin-off.