Corel and Vector Capital Sign Acquisition Agreement
In a recent press release, Corel announced that all of its shares will soon be acquired by capital firm Vector. "If the Arrangement is approved by the court and the shareholders, Corel's shareholders will receive, subject to the conditions of closing, US$1.05 in cash for each common share held which will include all common shares which may become outstanding on the exercise of options, warrants and other securities exercisable for, convertible into or exchangeable for common shares."
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