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Bull & Lifshitz, LLP Announces Investigation of Blackboard Inc.

NEW YORK--(BUSINESS WIRE)--Bull & Lifshitz, LLP announces an investigation into possible breaches of fiduciary duty in connection with the proposed sale of Blackboard Inc. (NASDAQ: BBBB) (referred to as "Blackboard" or the “Company”) to an investor group led by affiliates of Providence Equity Partners ("Providence") in an all-cash transaction valued at approximately $1.64 billion, plus the assumption of approximately $130 million in net debt.