- Citrix Systems (NASDAQ:CTXS) +2.6% premarket following a Reuters report that the cloud computing company is making a final attempt to sell itself as a whole before it embarks on asset sales.
- CTXS, which had attracted the interest of P-E investors before it agreed in July to give Elliott Management a seat on its board, is said to have entered new conversations with buyout firms and Dell, which took itself private two years ago.
- If CTXS does not sell itself in its entirety, it would not just seek to sell or spin off its GoTo products but also would explore options for other assets down the line, according to the report.