BMC Software (BMC) Responds to Elliott, Says Sale Not In Best Interests At This Time
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BMC Software, Inc. (NASDAQ: BMC) today issued the following statement in response to the press release issued by Elliott Associates, L.P. and Elliott International, L.P. :
While the Company always is open to alternatives that fully reflect the value and prospects of the Company, the Board of Directors has determined that forming a special committee and pursuing a sale at this time is not in the best interests of stockholders. The Company has a highly qualified and independent Board that is committed to stockholder value.
While the Company always is open to alternatives that fully reflect the value and prospects of the Company, the Board of Directors has determined that forming a special committee and pursuing a sale at this time is not in the best interests of stockholders. The Company has a highly qualified and independent Board that is committed to stockholder value.
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