Deals
Citrix in Advanced Talks for Buyout Deal by Elliott and Vista
Citrix offices in Santa Clara, California.
Photographer: Smith Collection/Gado/Getty ImagesThis article is for subscribers only.
Elliott Investment Management and Vista Equity Partners are in advanced talks to buy software-maker Citrix Systems Inc., according to people familiar with the matter.
Elliott and Vista have tapped banks to finance their offer, the people said, asking not to be identified because the matter is private. A deal could be announced within a few weeks, though talks could still end without an agreement, they said.