Following Spinoff of Goto To LogMeIn(LOGM), Citrix(CTXS) Puts Itself Up For Sale, Stock Spikes On Rumor

Citrix Systems(CTXS) stock rose 6.8% yesterday, almost all towards the end of trading, as rumors circulated that the company had hired Goldman Sachs to find a buyer. The Fort Lauderdale, Florida-based company hired Goldman Sachs Group Inc. to sound out buyers including private equity firms, said the people, who asked not to be identified because the information isn’t… Read More »