Elliott Investment Management and Vista Equity Partners are reportedly nearing a deal to buy US software maker Citrix Systems for around $13bn.
Bloomberg cited people familiar with the matter as saying that the investment firms are close to a deal to buy Citrix for about $104 a share. The transaction could be announced as soon as Monday.
Sources told Bloomberg that no final decision has been made and the timing and price of a deal could still change.
Citrix previously tried to sell itself in 2017 but discussions with potential buyers – which included Bain Capital and Thoma Bravo – were said to have stalled over the valuation.
Bloomberg News first reported in December that Elliott and Vista were considering a joint bid for Citrix.
