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PS - Pluralsight adjourns holder vote on Vista Equity takeover
Pluralsight Inc.
Pluralsight (PS) has adjourned a meeting set for today for holders to vote on Vista Equity's planned takeover so the parties can discuss a path to completing a deal on revised terms.The move comes after proxy firms ISS and Glass Lewis recommended last month that Pluralsight holders vote against the transaction as it undervalued the company.Recall Dec. 13, Pluralsight agrees to $3.5B sale to private-equity firm Vista Equity Partners.