Thursday, an affiliate of Vector Capital, which controls a limited partnership, Corel Holdings, L.P or CHLP, said Corel Holdings has increased the price per share in its all-cash tender offer to acquire all of the issued and outstanding common shares of Corel Corp. (CREL,CRE.TO) to US$4.00 per share, net to the seller in cash, without interest and less applicable withholding taxes.
The company said that the decision to increase the offer price follows discussions between Vector Capital and the members of the board of directors of Corel designated to review the tender offer. Vector Capital said it expects that the designated directors will recommend that the shareholders of Corel accept the offer and tender their shares pursuant to the tender offer.
Shareholders of Corel Corp. who have already tendered their shares and have not withdrawn their tenders need not take any additional action with respect to the amended tender offer. Those shareholders will receive the increased offer price of US$4.00 per share upon the completion of the offer, the company said.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.