Under60 Daily | 14 December 2020

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.

Over60: WSJ, Mint

[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.

Over60: WSJ, MarketWatch

[Markets] Elliott Management Corp. announced a substantial stake in self-storage giant Public Storage and has nominated six directors to oversee the company.

Over60: WSJ, Seeking Alpha

[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

Over60: CNBC

[Technology] Video game giant Electronic Arts has agreed to purchase racing game simulator Codemasters for $1.2 billion.

Over60: CNBC

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