Corel to Acquire SoftQuad -- Companies Sign Definitive Agreement: Acquisition Advances Next Phase of Corel's Growth Strategy.
Business Wire › August 07, 2001
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Corel to Acquire SoftQuad -- Companies Sign Definitive Agreement: Acquisition Advances Next Phase of Corel's Growth Strategy.
Business Editors
OTTAWA & TORONTO--(BUSINESS WIRE)--Aug. 7, 2001 Corel Corporation (Nasdaq:CORL)(TSE:COR.) and SoftQuad Software, Ltd. (OTCBB:SXML) today announced that they have signed a definitive agreement whereby Corel will acquire SoftQuad in a stock-for-stock transaction to be accounted for as a purchase transaction. This acquisition advances key aspects of the company's growth strategy and builds upon its recently-announced plans to acquire...See the full content of this document
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