Science & Technology
Science and Technology
Science and Technology 
Tue, July 5, 2011
Mon, July 4, 2011
Sun, July 3, 2011
Sat, July 2, 2011
Fri, July 1, 2011
Tripp Levy PLLC Announces Investigation of Blackboard Inc.
NEW YORK--([ BUSINESS WIRE ])--Tripp Levy PLLC, a leading national securities law firm, announces an investigation into the proposed acquisition of Blackboard Inc.. (NASDAQ: BBBB) by Providence Equity Partners for $45 per share in cash.
The investigation concerns, among other things, whether the consideration to be paid to Blackboard shareholders is unfair, inadequate, and substantially below the fair or inherent value of Blackboard. Indeed, analysts have projected that Blackboarda™s true going forward value is approx. $55 per share. The investigation further concerns whether the board of directors of Blackboard may have breached their fiduciary duties by not acting in Blackboard shareholders' best interests in connection with the sale process of Blackboard.
If you own Blackboard common stock and you wish to discuss this matter with us, or have any questions concerning your rights and interests with regard to this matter, please contact
| Tripp Levy |
Tripp Levy PLLC |
125 East 82nd Street |
| 9th Floor |
| New York, New York |
| Toll Free: 877-772-3975 |
Email: [ contact@tripplevy.com ] |
Tripp Levy PLLC is a national law firm that specializes in mergers & acquisitions, takeover litigation, shareholder rights, and corporate governance matters in state and federal courts throughout the United States. Attorney advertising. Prior results do not guarantee a similar outcome.