$13 billion tech titan Citrix is reportedly looking for a buyer again
This isn't the first time that Citrix has shopped itself around: in late 2015, and under pressure from activist shareholder Elliott Management, Citrix was said to have unsuccessfully tried to find a buyer.
At the time, it was reported that Citrix was looking for a good price for the whole business, rather than selling off individual products or business units. It's not clear whether the company is currently seeking to sell the entire business or specific assets.
Citrix was finished Monday's regular trading session at $84.93, up 6.79% and hitting a 52-week high of $87.99 over the course of the session before giving back some of the gains.
Citrix did not immediately respond to a request for comment.
Get the latest Goldman Sachs stock price here.
- Tesla tells some laid-off employees their separation agreements are canceled and new ones are on the way
- Taylor Swift's 'The Tortured Poets Department' is the messiest, horniest, and funniest album she's ever made
- One of the world's only 5-star airlines seems to be considering asking business-class passengers to bring their own cutlery
- 9 Foods that can help you add more protein to your diet
- The Future of Gaming Technology
- Stock markets stage strong rebound after 4 days of slump; Sensex rallies 599 pts
- Sustainable Transportation Alternatives
- 10 Foods you should avoid eating when in stress