Exclusive: Hedge fund Sachem Head pushes Instructure to explore a sale - sources
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(Reuters) - Hedge fund Sachem Head Capital Management has built a stake in Instructure Inc and plans to push the U.S. educational software company to explore alternatives, including selling itself, two people familiar with the matter said on Thursday.New York-based Sachem Head, which has been buying Instructure's shares over time, wants the Salt Lake City-based company to pursue a full sale process, the sources said. The exact size of Sachem Head's position could not be determined.The sources..