Citrix tries again to sell company - report

Wednesday 23 September 2015 | 09:09 CET | News
Citrix Systems is making a final attempt to sell itself as a whole before it embarks on asset sales, people familiar with the matter told Reuters. Citrix has been under pressure from shareholder Elliott Management to change its strategy and sell some activities. The company has recently restarted talks with private equity firms, after it agreed in July to give Elliott a seat on its board of directors. The company, which has a market capitalization of USD 11.6 billion, has also reached out to other technology firms to solicit interest, including Dell and private equity firm Silver Lake

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Categories: Fixed / IT
Companies: Citrix / Dell EMC
Countries: World
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