Microsoft denies rumors of Corel stock sale

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Author: JT Smith

From ZDNet UK: “Microsoft said today it does not intend to sell off its stake in struggling
software firm Corel, despite the filing by Corel of a registration for 24
million Series A shares to be converted to common shares which can
then be registered for sale by Microsoft.

A Microsoft UK spokeswoman said that the registration is just a sign
that Microsoft is keeping its options open.”

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