Citrix Systems to Go Private in $16.5 Billion Acquisition

Citrix Systems Inc.

CTXS 4.81%

will be taken private in an all-cash acquisition by Vista Equity Partners and Elliott Investment Management LP valued at $16.5 billion, including the assumption of debt.

Under the deal’s terms, Citrix stockholders will receive $104 a share. Elliott is participating in the acquisition through its Evergreen Coast…