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Citrix Rising: Elliott Mgmt Comes on Board; CEO Templeton to Retire

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Shares of software vendor Citrix Systems are up $2.58, or 3.7%, at $72.21, after the company this afternoon said its CEO, Mark Templeton , will step down, as the company brings activists Elliott Management on board, and re-affirmed its year outlook but missed with the current quarter view. For Q2 ending in June, Citrix reported revenue rose almost 2%, year over year, to $797 million, yielding EPS, excluding some costs, of $1.


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