Sunday, June 08, 2003

Corel agrees to takeover by Vector | CNET News.com

Corel agrees to takeover by Vector | CNET News.com
"Software maker Corel on Friday said its directors have agreed to a takeover bid from San Francisco-based Vector Capital that values the company at $97.6 million, or $1.05 per share.
...
The bid is more, but not substantially more, than the $73 million in cash that Corel had at the end of February, the end of its first quarter."

Entropy is on the rise in the ISV space...

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