Akaris Global Sends Letter to Pluralsight Board of Directors Expressing Concerns about Acquisition Offer from Vista Equity Partners and Intention to Vote Against the Proposed Transaction
Believes Offer Significantly Undervalues Pluralsight
Questions Sale Process and Raises Potential Conflicts of Interest
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NEW YORK, Dec. 28, 2020 /PRNewswire/ Akaris Global Partners, LP ( Akaris Global ) today announced that it has delivered a letter to the Pluralsight, Inc. ( Pluralsight or the Company ) (NYSE: PS) Board of Directors (the Board ), expressing its concerns about the recently announced proposed sale of the Company to Vista Equity Partners for $20.26 per share in cash. In its letter, Akaris Global has informed Pluralsight that it intends to vote against the proposed deal in its current form.