Core Viewpoint - Kaskela Law LLC has initiated an investigation into the proposed buyout of Instructure Holdings, Inc. due to potential conflicts of interest affecting the fairness of the sales process and share price offered to shareholders [1][2]. Group 1: Buyout Details - On July 25, 2024, Instructure announced its agreement to be acquired by KKR at a price of $23.60 per share, representing a premium of $0.87 or less than 4% over the previous day's closing price of $22.73 [3]. - Prior to the buyout announcement, Instructure's shares were trading above $25.00, with analysts maintaining price targets exceeding $30.00 per share [2]. Group 2: Shareholder Concerns - Shareholders of Instructure who are dissatisfied with the buyout price are encouraged to reach out to Kaskela Law LLC for information regarding their legal rights and the ongoing investigation [4].
SHAREHOLDER ALERT: Kaskela Law LLC Announces Investigation of Proposed Instructure Holdings, Inc. (NYSE: INST) Shareholder Buyout and Encourages Investors to Contact the Firm