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Ex-Citrix Chief Hit With Class Action Over $16.5B Sale

Law 360

A proposed class of former Citrix Systems Inc. stockholders accused the company's former CEO and chairman Robert M. billion sale of the cloud software company to Vista Equity Partners Management LLC and Elliott Investment Management LP affiliate Evergreen Coast Capital Corp.

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Citrix Stockholders Sue For Docs On $16.5B Go-Private Deal

Law 360

Two Citrix Systems Inc. stockholders want to look under the hood of the cloud computing company's planned $16.5 billion sale to Elliott Management Corp. and Vista Equity Partners, saying in a Delaware Chancery Court lawsuit Wednesday that the deal seems to favor the buyers.

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