Finkelstein Thompson LLP Announces Investigation of Blackboard Inc.

WASHINGTON--(BUSINESS WIRE)--Finkelstein Thompson LLP is investigating potential claims on behalf of shareholders of Blackboard Inc. (“Blackboard” or the “Company”) (Nasdaq: BBBB) concerning the proposed acquisition of the Company by Providence Equity Partners. Under the terms of the offer, Blackboard shareholders will receive $45.00 in cash for each share they own. The transaction is valued at approximately $1.64 billion, and is expected to close in the fourth quarter of 2011.