Thread regarding Citrix Systems Inc. layoffs

I thought they were going to sell GoTo - what happened?

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| 562 views | | 3 replies (last November 18, 2015) | Reply
Post ID: @OP+EwjIBRz

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I'm no market expert, but this looks to me like a good thing. If we sold GoTo, we would have got some $ 3 or 4 Bil that would have increased the CTXS stock price significantly and given a chance to Eliott to "take the money and run". Now that GoTo is spun off and citrix stocks are down almost 8% since morning, Eliott will have to wait till GoTo* stands on it's feet.

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Post ID: @bsf+EwjIBRz

The explanation they gave was that selling Citrix Online would have resulted in taxable gains, and that shareholders benefit more by a spin-off.

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Post ID: @Q8H+EwjIBRz

Who would buy that piece of junk?

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Post ID: @Myx+EwjIBRz

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