Providence to Buy Blackboard for $1.64 Billion, Gain Educational Software

By Douglas MacMillan – Jul 1, 2011 8:15 AM ET Providence Equity Partners Inc. agreed to buy Blackboard Inc. (BBBB), a maker of online educational software, for $1.64 billion. Providence will pay $45 a share in cash for Washington- based Blackboard, the companies said in a statement today. The price represents a 21 percent premium […]

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