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BMC Software (BMC) +1% after reaching a deal with 6.5% activist investor Elliott Associates,...

BMC Software (BMC) +1% after reaching a deal with 6.5% activist investor Elliott Associates, which has been pushing for a sale. BMC is adding two new members to its board - Infor Global Solutions founder Jim Schaper and former Salesforce.com CEO John Dillon, both Elliott nominees. In exchange, Elliott has agreed to withdraw its slate of four directors for BMC's 2012 shareholder meeting.
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