Thoma Bravo and Instructure (INST) merger information including expected completion date and offer price are displayed in the deal information table below.
This deal was successfully consummated on March 23, 2020
| Merger Details | Value |
|---|---|
| Acquisition Target Stock Name | Instructure |
| Acquisition Target Stock Ticker | INST |
| Acquirer Stock Name | Thoma Bravo |
| Announcement Date | December 6, 2019 |
| Expected Completion Date | March 31, 2020 |
| Deal Value | $1.8bn |
| Offer Price | $49.00 |
| Payment Method | All Cash Deal |
| Actual Completion Date | March 23, 2020 |
The major Instructure (INST) merger news updates & events are listed below. An invaluable data source for traders & investors looking to familiarize themselves with the Thoma Bravo takeover of Instructure (INST) and trade the merger arbitrage spread. Following the acquisition news and events section, there is in-depth company profile. For more proprietary Merger Arbitrage Limited content and analysis on the Instructure (INST) buyout, follow this link Instructure (INST). Change the ticker symbol as required to access news and acquisition details of additional merger stocks. The current merger arbitrage spread is available on our Spread Tracker page.
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Instructure (NASDAQ: INST) Merger - Acquisition News and Events
Instructure Company Profile
Instructure, Inc. provides applications for learning, assessment, and performance management through a software-as-a-service business model worldwide. It develops Canvas, a learning management platform for KÂ 12 and higher education; and Bridge, an employee development and engagement platform.
The company’s applications enhance academic and corporate learning by providing a system of engagement for teachers and learners, enabling frequent and open interactions, a streamlined workflow, and the creation and sharing of content with anytime, anywhere access to information. Its platform also provides data analytics that enable real-time reaction to information and benchmarking in order to personalize curricula and goal setting; and enhance the efficacy of the learning, assessment, and performance management processes. The company was founded in 2008 and is headquartered in Salt Lake City, Utah.
