Pacific Crest Downgrades LogMeIn (LOGM) to Sector Weight

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Go back to Pacific Crest Downgrades LogMeIn (LOGM) to Sector Weight

LogMeIn Announces Merger with Citrix’s GoTo Family of Products to Create Billion Dollar Industry Leader

July 26, 2016 4:00 PM EDT

Combined 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