Thread regarding Citrix Systems Inc. layoffs

What the above means is that the banks had legally committed to funding the debt back on January 31st. The only thing that could have derailed the acquisition would have been regulatory approvals not being obtained (the final approvals were obtained in early September) or Elliott/Vista formally backing out (in which case they would have had to pay $813 million as a breakup fee and risk losing the money they had initially invested in the deal, plus any lawsuits that could have happened thereafter as real shareholders sue for loss of value similar to the Elon Musk and Twitter lawsuit). Since none of those situations are happening, the deal is closing at the agreed upon pricing and will do so by 09/30/22 as disclosed on the latest Form 8K.

Yes, the deal is done. They expected it by late September or so, and that's happened. All the noise about "deal is falling through" was just wishful thinking. Maybe the banks would like to go back and change their minds, but that's neither here nor there.

so does this mean the deal has closwd already?

Meanwhile Elliott acquired $1 billion of the debt for $800-something million... amazing. https://seekingalpha.com/article/4542710-elliott-double-dip-spares-citrix-bank-blushes