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Technology Stocks : Citrix Systems (CTXS)
CTXS 103.900.0%5:00 PM EST
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From: Sr K1/30/2022 1:41:28 PM
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Elliott and Vista Near Deal to Buy Citrix Systems

Pair to pay $104 a share in cash for the cloud-computing company

By
Cara Lombardo Follow

Jan. 30, 2022 1:24 pm ET

Cloud-computing company Citrix Systems Inc. CTXS 4.81% is close to a deal to be taken private, continuing a spate of big leveraged buyouts.

Elliott Management Corp. and Vista Equity Partners are near an agreement to pay $104 a share, or roughly $13 billion, for the software company, according to people familiar with the matter.

The deal could be announced Monday, the people said.

—Miriam Gottfried contributed to this article.

Exc.

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