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Francisco, KKR interested in acquiring Instructure, Bloomberg says

Francisco Partners and KKR (KKR) have expressed interest in acquiring Instructure (INST), Ryan Gould of Bloomberg reports, citing people with knowledge of the matter. Instructure has been working with an adviser as it considers a potential sale, sources told Bloomberg. The deliberations by the buyout firms might not lead to offers, or Instructure could opt to remain public, the people said. Other potential buyers could also emerge, they added. Shares of Instructure closed Wednesday down 32c to $23.44.

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