Blackboard up for sale seeks $3 billion!!!
In a recent news Blackboard Inc., a US software company which provides elearning tools for schools and universities, is exploring a sale which can yield them as much as $3bn.
Blackboard’s majority owner, private equity firm Providence Equity Partners LLC, has hired Deutsche Bank AG (DBKGn.DE) and Bank of America Corp (BAC.N) to run an auction for the company, the people said this week.
Read the full news here.