Citrix Stockholders Approve Acquisition By Affiliates Of Vista Equity Partners And Evergreen Coast Capital
FORT LAUDERDALE, Fla.--(BUSINESS WIRE)-- Citrix Systems, Inc. (NASDAQ:CTXS) (“Citrix”) today announced that its stockholders voted to approve Citrix’s pending acquisition by affiliates of Vista Equity Partners and Evergreen Coast Capital Corporation, an affiliate of Elliott Investment Management L.P., at Citrix’s special meeting of stockholders held earlier today.
The final voting results on the proposals voted on at the special meeting will be set forth in a Form 8-K filed by Citrix with the U.S. Securities and Exchange Commission.
As previously announced, under the terms of the agreement, Citrix shareholders will receive $104.00 in cash per share. The transaction is currently expected to close in mid-2022, subject to customary closing conditions, including the receipt of regulatory approvals. Upon completion of the transaction, Citrix’s shares will no longer trade on the Nasdaq, and Citrix will become a private company.