(Source: Citrix Systems Inc) November 17, 2015 Provides both Citrix and New 'GoTo' Company with increased focus and flexibility to deliver long-term value for shareholders SANTA CLARA, Calif.--(BUSINESS WIRE)-- Citrix Systems, Inc. (NASDAQ:CTXS) today announced plans to spin off its GoTo family of products into a separate, publicly traded company. The transaction, which is intended to be a tax-free spinoff to Citrix shareholders, is expected to be completed in the second half of 2016. Citrix's announcement to pursue a separation follows a thorough review of strategic alternatives for the GoTo family of products. Citrix believes that this strategic decision will allow Citrix and the company...
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