“Shares in Canadian software developer Corel rocketed in heavy
midday trade on growing buzz about its Linux products and rumors it
could be a takeover target….”
“Rumors swirled that Red Hat is looking at Corel as a possible
acquisition target, traders said….”
“Tera Capital fund manager Duncan Stewart said Red Hat
buying Linux isn’t outside the realm of possibility, given that Red
Hat has been criticized for not having a strong distribution
network — something Corel could offer.“