PS - Vista Equity Partners increases take over price of Pluralsight to $22.50/share in cash

As per the revise agreement, Vista Equity Partners will now acquire all outstanding shares of Pluralsight (PS) for $22.50/share in cash, an 11% increase from the original $20.26/share agreement. “The amended agreement we announced today provides Pluralsight shareholders with immediate and certain value for the shares that they own at an 11% premium to the original transaction price and an approximately 38% premium to the volume weighted average closing stock price for the 30 trading days prior to the initial announcement of a transaction with Vista,” said Gary Crittenden, Pluralsight’s lead independent director. The transaction is expected to close in 2Q21. Upon completion of the transaction, Pluralsight will become a privately held company and its shares will no longer be listed on any public market.

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Vista Equity Partners increases take over price of Pluralsight to $22.50/share in cash