Citrix Systems May Be Moving From Wall Street

By | June 11, 2015

Scalper1 News

Citrix Systems (CTXS) is being taken to task by activist shareholder Elliott Management, and at least one analyst says it could be headed toward going private. The enterprise software company received a letter Thursday from Elliott Management that encouraged the company to sell some units, cut costs and buy back some of its shares. Elliott, which owns a 7.1% stake in Citrix, requested a meeting with the company’s board to share a plan to improve Scalper1 News

Scalper1 News