Posted AT 10:19 AM EST on 12/11/09
Vector sweetens bid for rest of Corel
San Francisco — San Francisco-based private equity firm Vector Capital has increased its offer to buy out the other shareholders of Corel Corp. , the Ottawa-based software company best known for its line of graphics software.Vector, which has owned a majority of Corel shares since 2003, announced Thursday it's now offering $4 (U.S.) per share for the stock it doesn't already own, up from the previous offer of $3.50 per share announced on Oct.
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