Reuters Reported Late Wednesday That KKR And Francisco Partners Are Competing To Acquire Instructure
Portfolio Pulse from Benzinga Newsdesk
Reuters reported that KKR and Francisco Partners are competing to acquire Instructure. This potential acquisition could significantly impact Instructure's stock price.
July 05, 2024 | 3:01 pm
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KKR and Francisco Partners are competing to acquire Instructure, which could lead to a significant change in the company's valuation and stock price.
The competition between KKR and Francisco Partners to acquire Instructure suggests a high valuation and potential premium on the stock price. This could lead to a short-term increase in $INST as investors anticipate a favorable acquisition deal.
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