is it tru that KKR acquired corel? does that mean that corel (and corel draw) is a company from the past??? will this change something about the company??? is it good news or bad news?
https://www.geekwire.com/2019/canadian-software-company-corel-acquired-kkr-less-year-buying-parallels/
https://techcrunch.com/2019/07/02/kkr-has-acquired-corel-including-its-recent-acquisition-parallels-reportedly-for-1b/
https://techcrunch.com/2019/07/03/kkr-corel-vector-parallels/
https://appleinsider.com/articles/19/07/02/corel-recent-buyer-of-virtualization-software-firm-parallels-acquired-by-private-equity-firm-kkr
https://www.logitheque.com/en/articles/the_corel_publisher_has_been_acquired_by_kkr_3341.htm
???
It's true and it's very good news. Maybe you didn't know that Corel was adquired several years ago (around 20 years ago) by Vector Capital. Now, KKR group adquires Corel on mire than 1.3 billion dollar. And nobody invest this amount of money just to speculate or to sit down and see what happens ... Surely they will have to make the company grow and develop, to be able to recover the money invested.
Hope they don't take off "running with scissors"