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Instructure agreed to be taken private by KKR for $4.8 billion. KKR will pay $23.60 per share, a 16% premium from May 17. CEO Steve Daly will remain post-acquisition, ensuring leadership continuity. Instructure's stock has decreased 14% this year, underperforming the Nasdaq.
- Instructure agreed to be taken private by KKR for $4.8 billion.
- KKR will pay $23.60 per share, a 16% premium from May 17.
- CEO Steve Daly will remain post-acquisition, ensuring leadership continuity.
- Instructure's stock has decreased 14% this year, underperforming the Nasdaq.
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