POTENTIAL DEAL DETAILS
|Stock||Citrix Systems, Inc.||Symbol||CTXS|
|Date of Confirmation:||01/31/2022||Price at Confirmation:||$101.94|
|Potential Profit:||-9.36%||Annualized Profit:||-24.76%|
Citrix Systems Inc. (CTXS), after a sharp drop in its share price this year, is working with advisers and is once again weighing whether to sell itself, according to people familiar with the matter. The workplace software maker plans to gauge the interest of potential buyers over the next few weeks, the people said,
January 24, 2022: Lenders including Bank of America Corp. are putting together a financing package that could lead to around $14 billion of bonds and loans to fund a potential buyout of software-maker Citrix Systems Inc. (CTXS), in what would be one of the largest private equity deals in over a decade.
January 30, 2022: Elliott Investment Management and Vista Equity Partners are nearing a deal to pay about $104 per share for software-maker Citrix Systems Inc. (CTXS), according to people familiar with the matter.
January 31, 2022: Citrix Systems, Inc. (CTXS), announced that it has entered into a definitive agreement under which affiliates of Vista Equity Partners and Evergreen Coast Capital Corporation, an affiliate of Elliott Investment Management L.P., will acquire Citrix in an all-cash transaction valued at $16.5 billion, including the assumption of Citrix debt.
April 13, 2022: Apollo Global Management Inc. (APO) has approached the banks behind the buyout financing for Citrix Systems Inc. (CTXS) with an offer to purchase as much as $4 billion of the debt together with other private credit funds.
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