Challenge to Citrix’s $16.5 Billion Sale to Elliott and Vista

Challenge to Citrix’s .5 Billion Sale to Elliott and Vista

A proposed class action lawsuit has been filed against Citrix Systems Inc.’s former chairman, Robert Calderoni, over the company’s $16.5 billion leveraged buyout by affiliates of Vista Equity Partners Management LLC and Elliott Investment Management LP. Calderoni, who was also Citrix’s interim CEO at the time of the transaction, is accused of deflating the company’s … Read more