26 Jan UPDATE 2-ISS recommends against Instructure’s proposed sale to Thoma Bravo -note
Four investment firms opposing
the sale of U.S. educational software company Instructure Inc
to private equity firm Thoma Bravo picked up support on
Monday when an influential proxy advisory firm came out against
the planned all-cash deal of roughly $2 billion.
Institutional Shareholder Services Inc (ISS) recommended that
Instructure shareholders vote against the company’s planned sale
to the private equity firm at a Feb. 13 meeting.
the sale of U.S. educational software company Instructure Inc
to private equity firm Thoma Bravo picked up support on
Monday when an influential proxy advisory firm came out against
the planned all-cash deal of roughly $2 billion.
Institutional Shareholder Services Inc (ISS) recommended that
Instructure shareholders vote against the company’s planned sale
to the private equity firm at a Feb. 13 meeting.
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