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Ottawa Citizen: Corel shares leap on bundling deal

Jun 28, 2000, 11:00 (0 Talkback[s])
(Other stories by Mark Anderson)


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"Corel Corp. stock rose $1.45, or 21 per cent yesterday, on news the Ottawa-based software manufacturer had signed a bundling agreement with California's Hewlett-Packard Co."

"Under the terms of the deal, Corel Print House 2000 -- a software package that provides image editing and photo-effects -- will be included with sales of HP's ScanJet 4300 scanner, which is targeted at the home office."

"The market reacted strongly to the news, hitting an intraday high of $8.25 on the Toronto Stock Exchange before falling back to close at $6.75 on heavy trading volume."

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