BofA/Merrill Lynch Upgrades Citrix Systems (CTXS) to Buy
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Citrix Comments on Letter from Elliott Management
June 11, 2015 3:55 PM EDTSANTA CLARA, Calif.--(BUSINESS WIRE)-- Citrix Systems, Inc. (NASDAQ: CTXS) today issued the following statement in response to a letter to the Citrix Board of Directors from Elliott Management Corp.
Citrix has always maintained an ongoing dialogue with our shareholders, and we welcome their input. We will review Elliotts suggestions and respond as we do with all shareholders who engage with us. The Citrix Board and management team continually evaluate ideas to drive shareholder value and are committed to acting in the best interests of all our shareholders.
About Citrix
... MoreElliott Sends Letter to Citrix Board of Directors
June 11, 2015 8:38 AM EDTLooks to Engage on Plan for Fundamental and Sustainable Change
Believes Citrix can Achieve Stock Price of $90 - $100+ Per Share by the End of 2016
NEW YORK--(BUSINESS WIRE)-- Today, Elliott Management Corporation (Elliott) holder of 7.1% of Citrix Systems (NASDAQ: CTXS) stock, sent the following letter to the Board of Directors of Citrix:
June 11, 2015
The Board of DirectorsCitrix Systems, Inc.851 West Cypress Creek RoadFort Lauderdale, FL 33309Attn: Thomas Bogan, ChairmanAttn: Mark Templeton, CEO
Dear Thomas, Mark and Members of the Board:
... More
