Investor to Oppose Instructure’s Plans to Sell to Thoma Bravo

(Reuters) Rivulet Capital, a large investor in Instructure Inc, on Thursday said it will resist the U.S. educational software company’s plan to sell itself to private equity firm Thoma Bravo for $2 billion, calling the deal too cheap and too hurried. Rivulet Capital, which owns 5.23% of Instructure, said in a regulatory filing it plans to vote against the transaction.

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