Welcome to another edition of Under60 Daily - a brief rundown of the top happenings in the business world, curated by hand to exclude the clutter and ensure you get up to speed in under a minute.
[IPO] Buy now, pay later company Affirm Holdings Inc. is postponing its IPO to 2021. It is believed that Affirm is postponing its IPO due to the extreme first-day pops this past week in the shares of DoorDash Inc. and Airbnb Inc.
[M&A] Vista Equity Partners to buy software maker Pluralsight. The deal values Pluralsight at $20.26 a share, or $3.5 billion including debt. Pluralsight is a cloud-based online-education platform for software developers.
[Markets] Elliott Management Corp. announced a substantial stake in self-storage giant Public Storage and has nominated six directors to oversee the company.
[Finance] U.S. regional lenders Huntington Bancshares and TCF Financial have entered an all-stock deal to create a company worth about $22 billion in market value
[Technology] Video game giant Electronic Arts has agreed to purchase racing game simulator Codemasters for $1.2 billion.