JPM - Instructure Holdings Stock Jumps On Report Thoma Bravo Is Exploring Sale: The Details | Benzinga
Instructure Holdings Inc (NYSE:INST) shares are moving higher Monday following reports suggesting Thoma Bravo is exploring a sale of the education technology company.
What Happened: On Friday, Reuters reported that private equity firm Thoma Bravo is exploring a sale of Instructure Holdings. Thoma Bravo owns 83% of the education software provider.
Instructure Holdings shares jumped in early trading Monday and have continued to trend higher. Instructure Holdings had a market cap of $2.96 billion as of Friday’s close, per Benzinga Pro.
People familiar with the matter ...