Thomas Bravoa private equity firm, start its so-called “tender offer” to buy shares of Instructure, the publicly traded provider of the Canvas learning management system, for $49 each directly from shareholders. If Thoma Bravo acquires all the shares, he would pay around $2.01 billion. Shareholders have until midnight March 21 …
Read More »Monthly Archives: February 2020
Thoma Bravo launches takeover bid for all outstanding Instructure shares
SAN FRANCISCO and SALT LAKE CITY, February 24, 2020 / PRNewswire / – Thomas bravo and Instructure (NYSE: INST) (âInstructureâ or the âCompanyâ) announced today that PIV Merger Sub, Inc. (âPurchaserâ), a subsidiary of Thomas bravo, has launched a previously announced cash tender offer to purchase all of the outstanding …
Read More »Instruct CEO to step down and board approves new private equity deal
Instructure, the publicly traded company best known for its Canvas learning management software that is a market leader among colleges, made two big moves Tuesday in its drive to sell to a private equity firm. On the one hand, CEO and board member Dan Goldsmith announced that he would resign …
Read More »Instructure announces leadership transition
SALT LAKE CITY, February 18, 2020 / PRNewswire / – Instructure (NYSE: INST) announced today that Dan Goldsmith informed the Board of Directors of his intention to step down from his duties as CEO and member of the Board of Directors. Goldsmith will remain with the Company until March 6 …
Read More »Some investors reduced their holdings in Instructure in uncertain future: deposits
BOSTON (Reuters) – Instructure Inc’s INST.N An uncertain future, clouded by a takeover offer that a few shareholders described as too cheap, prompted some investors to reduce their stakes in the American educational company in the last months of 2019. William Oberndorf, who runs Oberndorf Enterprises, reduced his stake in …
Read More »Economists discover the power of social standards
February 6, 2020 ohVER LE Women of the previous generation made substantial economic gains, although progress on other social equality measures has been uneven. Their average level of education has caught up with that of men in both rich and poor countries. Indeed, in most rich countries, the share of …
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