Pacific Crest Downgrades LogMeIn (LOGM) to Sector Weight
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LogMeIn Announces Merger with Citrix’s GoTo Family of Products to Create Billion Dollar Industry Leader
July 26, 2016 4:00 PM EDTCombined Entity will be a Leading SaaS Company with a Diverse and Innovative Product Portfolio
Expected First Year Post Close Pro Forma Revenue of $1+ Billion, Anticipated Adjusted EBITDA Margins of 35% in 2017, Anticipated Pro Forma 35%+ Free Cash Flow Accretion over Standalone LogMeIn after Realizing Run Rate Synergies
Run Rate Cost Synergies of $65 Million Expected in Year One and More than $100 Million Expected in Year Two
Bill Wagner, LogMeIn President and CEO, to Lead Combined Company
Citrix and LogMeIn... More
