Feb 14th, 2020

Instructure Accepts Increased Takeover Offer From Thoma Bravo

Educational software company Instructure Inc. has accepted an increased takeover offer from Thoma Bravo. The private equity firm boosted its offer to $49 per share in cash, from an earlier proposal of $47.60 per share, Instructure said in a filing. Bloomberg's Liana Baker has more on "Bloomberg Markets: The Close." (Source: Bloomberg)