Corel chiefs brace to fight bid

Article Abstract:

Corel Corp, the graphics software company based in Ottawa, Ontario, is rumored to be a takeover target of rival Adobe Systems Inc of San Jose, CA. Sources say Corel executives had a meeting with external advisers to map a strategy in case Adobe launches a hostile bid. Research conducted by Canadian investment fund players has lend credence to the rumors, saying it would be make sense for Adobe to acquire Corel, which has a market capitalization of C$412.9 million.

Software Publishers, Asset sales & divestitures, Computer Software

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Dissenters fight Corel deal on-line

Article Abstract:

Vector Capital Corp.'s proposed takeover of Corel Corp. is being opposed by some stockholders who claim that the former's deal to privatize the latter is below proper value. These shareholders have launched RescueCorel.com to express their dissent against the deal.

United States, Strategy & planning, Financial management, Venture Capital Companies, Miscellaneous Intermediation, Investors, not elsewhere classified, Planning, Computer software industry, Software industry, Mergers, acquisitions and divestments, Company acquisition/merger, CORL, Investor relations, Company business planning, Vector Capital Corp.

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