Report
Rodney Nelson
EUR 101.80 For Business Accounts Only

Citrix Takeover Chatter Renewed as Private Equity Circles; Shares Look Rich

Citrix shares spiked 7% on Monday, March 13, as reports circulated that the company is exploring a sale. The company has been the target of several changes over the last two years, headlined by activist Elliott Management pushing for board seats, leadership changes, the spin-off of the GoTo family of products, and potentially an outright sale of the core Citrix business. On the latter point, it appears those talks have been renewed, with news outlet Reuters reporting private equity firm Thoma Br...
Underlying
Citrix Systems Inc.

Citrix Systems is an enterprise software company. The company markets and licenses its solutions through multiple channels worldwide, including selling through resellers, direct and over the Web. The company's partner community comprises thousands of value-added resellers known as Citrix Solution Advisors, value-added distributors, systems integrators, independent software vendors, original equipment manufacturers and Citrix Service Providers. The company provides solutions and services that it categorizes into three inter-related and complementary areas: Workspace, Networking and Professional Services.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Rodney Nelson

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