Earlier this week, Corel announced that its majority investor Vector Capital had withdrawn its March buyout offer that valued the company at nearly $280 million, in the interest of Corel's pursuit of other "potential strategic third-party alternatives," which would best suit shareholders.
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Today, the company announced that yes, these alternatives do include a potential sale of the company, and yes it is in discussions with a third party regarding Corel's sale, but no agreement has been reached.