PE firm Thoma Bravo to buy Instructure in $2 bln all-cash deal
Dec 4 (Reuters) - Education software firm Instructure Inc INST.N said on Wednesday it would be bought by private equity investment firm, Thoma Bravo in an all-cash deal of about $2 billion.
Stockholders of the company will receive $47.60 in cash per share, a premium of about 42% to Instructure's closing price on Tuesday.
(Reporting by Ambhini Aishwarya in Bengaluru; Editing by Rashmi Aich)
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