Billionaire investor Paul Singer has commissioned Citrix Systems with Goldman Sachs to explore a possible sale of the company, according to The Post.
The cloud computing company wants to sell itself for the second time in two years, this time in search of a buyer willing to pay more than $ 15 billion to the company, two sources said Situation.
Goldman is currently turning to interested parties, such as Vista Equity Partners, to gauge their interest. A source said.
"You see if there is enough interest to start an auction."
Singer-activist investment firm Elliott Management has had a Citrix administration seat since 2015. Elliott held a 4.6 percent Citrix share on December 31
Elliott's US activism chief, Jesse Cohn, has been seated since July 2015.
In the spring of 2017, Citrix was looking for buyers and stood empty. Since then, the cloud services company has increased its value from about $ 80 per share to its Tuesday closing price of $ 100.13, which is worth about $ 13 billion.
The company has reportedly reduced personnel and leadership positions.
Citrix did not answer calls.