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Monday, November 28, 2022

Elliott and Vista Near Deal to Buy Citrix Systems

Cloud-computing company Citrix Systems Inc. is close to a deal to be taken private, continuing a spate of big leveraged buyouts.

Elliott Management Corp.’s private-equity arm, Evergreen Coast Capital, and Vista Equity Partners are near an agreement to pay $104 a share, or roughly $13 billion, for the software company, according to people familiar with the matter.

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