Shareholder Alert: Ademi & O'Reilly, LLP Investigates whether Instructure, Inc. has obtained a Fair Price in its sale to Thoma Bravo, LLC
MILWAUKEE, Jan. 9, 2020 /PRNewswire/ -- Ademi & O'Reilly, LLP is investigating Instructure (NYSE: INST) for possible breaches of fiduciary duty and other violations of the law in connection with the sale to Thoma Bravo.
Click here to learn how to join the action: http://ademilaw.com/case/instructure-inc or call Guri Ademi toll-free at 866-264-3995. There is no cost or obligation to you.
Ademi & O'Reilly, LLP alleges Instructure's financial outlook is improving and yet shareholders will receive only $47.60 for each share of Instructure, in a transaction valued at approximately $2 billion. The merger agreement unreasonably limits competing bids for Instructure by prohibiting solicitation of further bids, and imposing a termination penalty if Instructure accepts a superior bid. Instructure insiders will receive millions of dollars as part of change of control arrangements. We are investigating the conduct of Instructure's board of directors, and whether they are (i) fulfilling their fiduciary duties to all shareholders, and (ii) obtaining a fair and reasonable price for Instructure.
If you own common stock in Instructure and wish to obtain additional information, please contact Guri Ademi either at [email protected] or toll-free: 866-264-3995, or http://ademilaw.com/case/instructure-inc.
We specialize in shareholder litigation involving buyouts, mergers, and individual shareholder rights throughout the country. For more information, please feel free to call us. Attorney advertising. Prior results do not guarantee similar outcomes.
Contacts
Ademi & O'Reilly, LLP
Guri Ademi
Toll Free: (866) 264-3995
Fax: (414) 482-8001
SOURCE Ademi & O'Reilly, LLP
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