Instructure (INST) Announces Review of Strategic Alternatives

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Go back to Instructure (INST) Announces Review of Strategic Alternatives

Instructure Announces Review of Strategic Alternatives

November 14, 2019 9:15 AM EST

SALT LAKE CITY, Nov. 14, 2019 /PRNewswire/ -- Instructure (NYSE: INST) today announced that in response to interest received from multiple third parties, its board of directors, supported by management, has commenced a process to explore strategic alternatives in order to maximize shareholder value. These alternatives may include continuing as a standalone public company, going private, or being purchased by a strategic partner. The board has retained J.P. Morgan as its financial advisor and Cooley LLP as its legal advisor in connection with the review.

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