Absolutely, this is not the end for Corel. When Vector Capital takes the company private it will give them some leeway (no more paying fees to list the company on public stock exchanges, less public scrutiny, not being at the mercy of the market as much) which will give them a chance to recover and concentrate on product development.
Their XML products seem to be gathering steam. I have a feeling Corel will have a resurgence eventually, after a few years of quiet development as a privately held company.
Notoriously conservative! Well, Michael Cowpland's (former CEO of Corel) wife, Marlen Cowpland, has certainly spiced things up in Ottawa. =) With her dyed poodle and cavorting to events in eccentric designer clothes including a million-dollar Richard Robinson leather catsuit with a massive diamond nipple is hardly boring.;)
There was once a photo spread in the Ottawa Sun, taken at a bar in the market called the Rum Shack (a downtown area with many trendy shops, restaurants, bars) with Michael by the jacuzzi with topless girls. That's pretty liberal. =)
A friend of mine went on a canoe camping trip in Algonquin Park (northern Ontario). Since his grandmother lived up that way and needed more RAM for her PC, he stuck a stick in his pocket to bring to her on the way to the provincial park. During the visit, he forgot to give it to her so the RAM went camping in the wilds of Algonquin Park. =)
Anyway, in some rapids their canoe capsized and the RAM got bashed around into rocks and soaking wet of course. Amazingly, it still worked after that.:) I wish my hardware was that resilient.
Re:Built for speed
on
Got Sleep?
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· Score: 2, Insightful
Speaking of military personnel on amphetamines, here are 2 Ottawa Citizen articles about the friendly fire incident in Afghanistan this spring that resulted in the deaths and injuries of Canadian soldiers when American fighter pilots fired on them. The pilots were taking speed though investigators from both countries don't regard the drug use as the problem.
Slashdot Mirror
Corel has been a publicly held company and many people own their shares. Now a venture capital firm is buying them out at $1.05 US per share.
Does anyone know how shareholders are typically compensated when a public company goes private?
Does the brokerage charge fees as if the shareholder traded?
On the day of the sale, does the shareholder just get cash put into their brokerage account equivalent to the last listed value of the shares?
Absolutely, this is not the end for Corel. When Vector Capital takes the company private it will give them some leeway (no more paying fees to list the company on public stock exchanges, less public scrutiny, not being at the mercy of the market as much) which will give them a chance to recover and concentrate on product development.
Their XML products seem to be gathering steam. I have a feeling Corel will have a resurgence eventually, after a few years of quiet development as a privately held company.
Notoriously conservative! Well, Michael Cowpland's (former CEO of Corel) wife, Marlen Cowpland, has certainly spiced things up in Ottawa. =) With her dyed poodle and cavorting to events in eccentric designer clothes including a million-dollar Richard Robinson leather catsuit with a massive diamond nipple is hardly boring. ;)
There was once a photo spread in the Ottawa Sun, taken at a bar in the market called the Rum Shack (a downtown area with many trendy shops, restaurants, bars) with Michael by the jacuzzi with topless girls. That's pretty liberal. =)
A friend of mine went on a canoe camping trip in Algonquin Park (northern Ontario). Since his grandmother lived up that way and needed more RAM for her PC, he stuck a stick in his pocket to bring to her on the way to the provincial park. During the visit, he forgot to give it to her so the RAM went camping in the wilds of Algonquin Park. =)
:) I wish my hardware was that resilient.
Anyway, in some rapids their canoe capsized and the RAM got bashed around into rocks and soaking wet of course. Amazingly, it still worked after that.
http://www.canada.com/search/story.aspx?id=ecfb8e
http://www.canada.com/search/story.aspx?id=a218f4