Citrix Systems Inc
Change company Symbol lookup
Select an option...
CTXS Citrix Systems Inc
AFHIF Atlas Financial Holdings Inc
RIOCF RioCan Real Estate Investment Trust
OMP Oasis Midstream Partners LP
GMED Globus Medical Inc
TSN Tyson Foods Inc
VOO Vanguard S&P 500 ETF
PAYX Paychex Inc
VTNR Vertex Energy Inc
AGAUF Arizona Gold Corp
Go

Information Technology : Software | Mid Cap Blend
Company profile

Citrix Systems, Inc. offers Enterprise and Service Provider products, which include Workspace Services solutions and Delivery Networking products. The Company's Enterprise and Service Provider products include Cloud Services solutions, and related license updates and maintenance, support and professional services. The Company's NetScaler nCore Technology is an architecture that enables execution of multiple packet engines in parallel. The Company's workspace services include Application Virtualization and virtual desktop infrastructure (VDI), Enterprise Mobility Management and Citrix Workspace Suite. The Company's NetScaler ADC is a software-defined application delivery controller (ADC) and load balancer. The Company's Cloud Services include ShareFile and Citrix Cloud. It provides various ways for customers to receive upgrades, support and maintenance for products, which include Software Maintenance, Subscription Advantage, Technical Support Services and Hardware Maintenance.

Closing Price
$131.09
Day's Change
0.00 (0.00%)
Bid
--
Ask
--
B/A Size
--
Day's High
--
Day's Low
--
Volume
(Light)
Volume:
0

10-day average volume:
1,372,996
0

Goodyear Tire to acquire Cooper Tire in deal with enterprise value of about $2.5 billion

7:13 am ET February 22, 2021 (MarketWatch)
Print

Goodyear Tire & Rubber Co. (GT) said Monday it is acquiring Cooper Tire & Rubber Co. (CTB) in a deal with an enterprise value of about $2.5 billion. Under the terms of the deal, Cooper shareholders will receive $41.75 per share in cash and 0.907 shares of Goodyear for a total equity value of about $2.8 billion. That is equal to a price of $54.36 per share, or a premium of 24% over Cooper's 30-day volume weighted average price as of the close on Friday. Goodyear shareholders will own about 84% of the combined company, while Cooper shareholders own the remaining 16%. The deal is expected to close in the second half and to immediately boost Goodyear's per-share earnings. Cooper was founded in 1914, and is the fifth biggest tire maker in North America, measured by revenue, with about 10,000 employees in 15 countries. "The addition of Cooper's complementary tire product portfolio and highly capable manufacturing assets, coupled with Goodyear's technology and industry leading distribution, provides the combined company with opportunities for improved cost efficiency and a broader offering for both companies' retailer networks," Goodyear Chief Executive Richard J. Kramer said in a statement. The deal is expected to generate run-rate cost synergies of about $165 million in two years after closing. Cooper shares jumped 12.5% premarket, while Goodyear shares were not yet active.

-Ciara Linnane; 415-439-6400; AskNewswires@dowjones.com

	

(END) Dow Jones Newswires

February 22, 2021 07:13 ET (12:13 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

Earnings Calendar and Events Data provided by |Terms of Use| © 2021 Wall Street Horizon, Inc.

Market data accompanied by is delayed by at least 15 minutes for NASDAQ, NYSE MKT, NYSE, and options. Duration of the delay for other exchanges varies.
Market data and information provided by Morningstar.

Options are not suitable for all investors as the special risks inherent to options trading may expose investors to potentially rapid and substantial losses.
Please read Characteristics and Risks of Standard Options before investing in options.

Information and news provided by ,, , Computrade Systems, Inc., , and

Copyright © 2021. All rights reserved.