Will Blackboard Be Purchased?

Posted by Kenneth Ronkowitz on

The Financial Times and others report that e-learning giant Blackboard may be up for sale.

There have been rumors floated about a number of potential buyers including Pearson, Google and Microsoft. The news helped Blackboard’s stock price jump up 29 percent at one point.

Blackboard announced that it has received "unsolicited, non-binding proposals" to be bought out. The company, which is publicly traded, appears to be taking the offers seriously and has retained the investment firm Barclays Capital to help determine a course of action.The actual company that has proposed to acquire Blackboard is not known.


Trackbacks

Trackback specific URI for this entry

Comments

Display comments as Linear | Threaded

No comments

Add Comment

Enclosing asterisks marks text as bold (*word*), underscore are made via _word_.
Standard emoticons like :-) and ;-) are converted to images.
BBCode format allowed
E-Mail addresses will not be displayed and will only be used for E-Mail notifications.
To leave a comment you must approve it via e-mail, which will be sent to your address after submission.

To prevent automated Bots from commentspamming, please enter the string you see in the image below in the appropriate input box. Your comment will only be submitted if the strings match. Please ensure that your browser supports and accepts cookies, or your comment cannot be verified correctly.
CAPTCHA