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LinuxWorld: Corel, Adobe deny takeover rumors

“But Canadian newspaper reports that Adobe may be planning
takeover bid.”

“The latest speculation surfaced in an article in Toronto’s
Globe and Mail that cited unnamed sources last week saying Corel
had met with takeover-defense specialists to discuss how to fend
off an expected bid from Adobe. Corel believed Adobe was planning
such a bid based on research gathered by Canadian investment-fund
players, the article said.”

Complete
story
.