Citrix acquired and merged with Tibco for $16.5B
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Re: Citrix acquired and merged with Tibco for $16.5B
#2[deleted]
Re: Citrix acquired and merged with Tibco for $16.5B
#3The next decade is going to be heaven for M&A. Also, the yields on the bonds Citrix issued were eye-popping.
Re: Citrix acquired and merged with Tibco for $16.5B
#4[deleted]
Re: Citrix acquired and merged with Tibco for $16.5B
#5The next decade is going to be heaven for M&A. Also, the yields on the bonds Citrix issued were eye-popping.
Afaik the bonds are issued by the PE firms executing the deal, and it's taken many months to close. The debt has sat on bank books for a significant portion of time, so the yields are reflective of the price needed to unload them in the current market vs a market that was more conducive to the offering when the deal was initially agreed upon
Re: Citrix acquired and merged with Tibco for $16.5B
#6I wonder if this will affect the open core XenServer project.
backstory: Citrix has been releasing a community version of their xenserver product (based on the open source Xen project) but over the last few years they have been removing features from the open core version, going so far as to remove Xen from the name in late 2019
Re: Citrix acquired and merged with Tibco for $16.5B
#7The next decade is going to be heaven for M&A. Also, the yields on the bonds Citrix issued were eye-popping.
Can you elaborate on why conditions will be good for M&A?
Re: Citrix acquired and merged with Tibco for $16.5B
#8The next decade is going to be heaven for M&A. Also, the yields on the bonds Citrix issued were eye-popping.
Afaik the bonds are issued by the PE firms executing the deal, and it's taken many months to close. The debt has sat on bank books for a significant portion of time, so the yields are reflective of the price needed to unload them in the current market vs a market that was more conducive to the offering when the deal was initially agreed upon
The WSJ reported on it:
Re: Citrix acquired and merged with Tibco for $16.5B
#9Maybe they can fix the crapshoot that is Tibco-Rendevous (RV)