Instructure and Thoma Bravo Revise Definitive Agreement
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Thoma Bravo Commences $49/Share Tender Offer for All Outstanding Shares of Instructure (INST)
February 24, 2020 4:37 PM ESTThoma Bravo and Instructure (NYSE: INST) ("Instructure" or the "Company") today announced that PIV Merger Sub, Inc. ("Purchaser"), an affiliate of Thoma Bravo, has commenced a previously announced cash tender offer to purchase all of the outstanding shares of common stock of Instructure.
The tender offer is being made pursuant to the amended and restated merger agreement, dated February 17, 2020, by and among Instructure, Purchaser and Instructure Holdings, LLC, pursuant to which Purchaser will offer to purchase all outstanding shares of... More
