Deals
Citrix Is Said to Near $13 Billion Sale to Elliott, Vista
- Investment firms set to pay about $104 per share for Citrix
- Takeover agreement could be announced as soon as Monday
Citrix headquarters in Santa Clara, California.
Photographer: David Paul Morris/BloombergThis article is for subscribers only.
Elliott Investment Management and Vista Equity Partners are nearing an agreement to acquire software-maker Citrix Systems Inc. for around $13 billion, people familiar with the matter said.
The investment firms are close to a deal to buy Citrix for about $104 per share, according to the people, who asked not to be identified because the information is private. The transaction could be announced as soon as Monday, the people said.