HALISTER: Citrix Systems Falls; DealReporter Says Bain, Carlyle May Be Out

Citrix Systems Falls; DealReporter Says Bain, Carlyle May Be Out

(Bloomberg) -- Citrix quickly erases loss, down as much as 2.4% after dealReporter said limited number of private equity firms looking at the company, citing three sources briefed on matter.
  • Bain, Carlyle may have “put their pencils down”: dealReporter, citing one source
  • Possible size of deal, likely need for PE firms to team up also causing some concern
  • Bain declined comment to dR; CTXS, CG, Thoma Bravo didn’t return requests for comment to dR
  • NOTE: May 2, Bain, Carlyle, Thoma Bravo Said to Be Among Bidders for Citrix

Alert: HALISTER
Source: BFW (Bloomberg First Word)

Tickers
6821Z US (Bain Capital Private Equity LP)
CG US (Carlyle Group LP/The)
CTXS US (Citrix Systems Inc)
129626Z US (Thoma Bravo LLC)

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