#WHO OWNS GOTOMEETING PRO#

The combination brings together proven innovators with a shared belief in simplifying the way people connect to customers, colleagues and the world around them. Upon completion of the transaction, the combined company is expected to achieve run rate cost synergies for the benefit of both Citrix and LogMeIn shareholders of $65 million within the first year post-close, and run rate cost synergies of more than $100 million in year two.

The combined company is expected to have annual revenues in excess of $1 billion with more than two million customers in virtually every country around the globe. The transaction, which has been unanimously approved by the Boards of Directors of Citrix and LogMeIn, is expected to be tax-free to Citrix and its shareholders for U.S. The transaction is valued at approximately $1.8 billion based on shares to be issued and LogMeInвЂ™s closing price of $65.31 as of July 25, 2016. (NASDAQ:CTXS) today announced that the companies have entered into a definitive merger agreement for LogMeIn to combine with CitrixвЂ™s GoTo business in a Reverse Morris Trust transaction. LogMeIn Plans to Issue $1.50 per Share in Dividends to its Shareholders Prior to the ClosingД«OSTON and SANTA CLARA, Calif., J(GLOBE NEWSWIRE) - LogMeIn, Inc. Run Rate Cost Synergies of $65 Million Expected in Year One and More than $100 Million Expected in Year TwoД«ill Wagner, LogMeIn President and CEO, to Lead Combined CompanyД¬itrix and LogMeIn Shareholders to Each Own Approximately 50% of Combined Company

#WHO OWNS GOTOMEETING PRO#

Combined Entity will be a Leading SaaS Company with a Diverse and Innovative Product PortfolioД®xpected 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

Who owns gotomeeting