Citrix Feeling the Elliott Management Pressure
Don't forget - sign up for our free daily newsletter to stay in the activist investing know.
Citrix (NASDAQ: CTXS), the Elliott Management activist investor target, is reviewing plans for its GoTo Metting product. The key is to streamline the portfolio and simplify operations, especially as Mark Templeton gets ready to retire.
Citrix is reviewing strategic alternatives for the GoTo suite, which includes GoToAssist, GoToMyPC, GoTo Training, GoToWebinar and GoToWebcast. Namely, the key could be to spin off the GoTo business.