Ademi LLP investigates potential fiduciary duty breaches and valuation issues in Instructure's $4.8B acquisition by KKR.
Ademi LLP is investigating Instructure Holdings, Inc. for potential breaches of fiduciary duty and other violations of law in its transaction with KKR. Instructure will be acquired by KKR for $23.60 per share in an all-cash transaction valued at $4.8 billion. Ademi LLP is examining the conduct of Instructure's board of directors and whether KKR's acquisition agreement undervalues Instructure or unfairly restricts competing transactions. Shareholders are encouraged to join the investigation.
July 25, 2024
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