08.18.2008 - Corel Corporation Announces Withdrawal of Vector Capital-Sponsored Offer to Facilitate Alternatives for Value Maximization

OTTAWA, Aug 18, 2008 (BUSINESS WIRE) -- Corel Corporation (NASDAQ:CREL)(TSX:CRE), a leading developer of graphics, productivity and digital media software ("Corel"), today announced that Corel Holdings, L.P. ("CHLP") has informed Corel that it is withdrawing its previously announced proposal to acquire those shares of Corel not owned by CHLP for $1... - View Press Release - Visit Corel Corporation