Software maker Corel on Friday said its directors have agreed to a takeover bid from San Francisco-based Vector Capital that values the company at $97.6 million, or $1.05 per share. The agreement ...

The San Francisco-based firm, a Corel shareholder, will pay $1.05 per share for outstanding shares. The price was less than the $1.10 per share Corel executives wanted, but a 42 percent premium ...