Eminence Capital Announces Intention to Vote Against Pluralsight’s Proposed Transaction with Vista Equity Partners
January 11, 2021 at 06:30 pm IST
On January 11, 2021, Eminence Capital, LP sent a letter to Pluralsight, Inc.’s Board of Directors outlining why Eminence Capital intends to vote against the Company’s proposed acquisition by Vista Equity Partners announced on December 13, 2020. In the letter, Eminence Capital expressed its view that the Company ran a deeply flawed and manipulated sales process that was not designed to maximize shareholder value.