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Corel Corp. warms to Vector Capital bid.

The Daily Deal

| June 09, 2003 | COPYRIGHT 2003 The Deal LLC. (Hide copyright information)Copyright

Ailing Canadian software maker Corel Corp. said Monday a $96 million takeover bid by San Francisco-based venture capitalist Vector Capital is "sufficiently attractive" given the high-tech market. Corel chairman James Baillie said during a conference call that the company's board is backing the $1.05-a-share offer despite an …

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