Technology Crossover Ventures to Invest $125M in K12 Inc. to Accelerate Expansion
Technology Crossover Ventures to Invest $125M in K12 Inc.
April 20, 2011
Blackboard stock soars on takeover offers
D.C.-based education software company Blackboard Inc. says it has received unsolicited takeover offers and says it’s considering them. Its stock rallied as much as 35 percent in Tuesday trading. Blackboard has hired Barclays Capital as its financial adviser and says it is evaluating the offers as well as other strategic alternatives to enhance shareholder value. …
Blackboard Retains Barclays Capital in Response to Unsolicited, Non-binding Offers
Blackboard (NASDAQ: BBBB) today announced that it has retained Barclays Capital as its financial advisor in response to receiving unsolicited, non-binding proposals to acquire the company.