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PRNewswire: C. Robert Coates Announces Resignation From Inprise Board of Directors

Mar 08, 2000, 00:19 (0 Talkback[s])

"Mr. Coates resigned on Sunday, Feb. 6, at 8:00 am, prior to the vote on the merger of Inprise and Corel Corporation..."

"Mr. Coates says he will oppose the merger unless it results in substantially higher prices for Inprise shareholders and/or can be shown by Inprise's CEO to clearly benefit Inprise's customers. "Corel has a great Linux distribution, and I wish them the best in their battle against Microsoft. I would like to see the two companies form some type of alliance, perhaps like the one Inprise just announced with TurboLinux."

"He hopes that the Inprise Board will consider other offers for parts or all of Inprise Corporation or continue to operate Inprise as an independent company..."

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