Come to find out, you can polish a tu-d. Look it up. But no amount of polish will work here.
9 replies (most recent on top)
CSG should buy Wrike again and then ipo it.
- this comment wins the day! Sp-t out my coffee at this one! Ahhh, I remember the dream that was Wrike at Citrix..... I don't think I ever did use it at Citrix, and then we were told not to..... LOL
CSG should buy Wrike again and then ipo it.
Much doubt it. In addition to previously mentioned reasons, acquiring Citrix would not fly as it would create a monopoly (given the recent acquisition of VMWare).
There will be no IPO for CTXS. It's well past expiration date. It could bounce between PEs getting progressively smaller and less relevant
Unionization is the only answer
Why would they want Citrix when they're parading their own EUC on the offering block to private equity? Who the heck would want all the debt that came with that deal? What would it get Broadcom strategically that it doesn't already have? There is no alignment with Broadcom's core business - that's why they don't want VMware's EUC either.
No chance at all. The current private equity owners are not yet finished with overhauling the company. Once they are done, the company will either be spun out in a new IPO or resold to another PE firm that is focused on a risk-adjusted ROI that exceeds the returns of the junk bond market. Good read: https://www.forbes.com/sites/davidwmccombie/2022/03/31/the-alchemy-of-private-equity-explained/
Why would anyone want Citrix?