Blackboard Inc.

Pomerantz is investigating potential claims on behalf of investors of Blackboard, Inc. ("Blackboard" or the "Company")(NASDAQ: BBBB) concerning the proposed acquisition of Blackboard by Providence Equity Partners in an all-cash transaction valued at $1.64 billion, plus the assumption of $130 million in net debt.

The investigation concerns whether the board of directors are breaching their fiduciary duties by failing to adequately shop the Company and maximize shareholder value. Under the terms of the agreement to take the Company private, Blackboard shareholders would receive $45.00 per share in cash for each share of Blackboard common stock. At least one research analyst has targeted the stock as high as $55.00 per share.

Blackboard shareholders seeking more information about this acquisition are advised to contact Gustavo Bruckner, Esq. at gfbruckner [at] pomlaw [dot] com or 212-661-1100 or toll free at 888-476-6529, ext. 302.