Sunday, April 23, 2006

WordPerfect software provider Corel set to go public - Apr. 23, 2006

"Corel, once one of Canada's biggest software companies, is set to go public again this week, but the company's flagship product may be a relic of the computer age.
Corel, a provider of word processing and digital imaging software, plans to sell 8 million shares Tuesday at an estimated price of $18 to $20 a share. Morgan Stanley and J.P. Morgan are the lead underwriters of the deal. The company is expected to trade on the Nasdaq under the symbol 'CREL' and on the Toronto Stock Exchange under the symbol 'CRE.'"

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