Finkelstein Thompson LLP Announces Investigation of Blackboard Inc.
2011年7月2日 - 4:09AM
ビジネスワイヤ(英語)
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.
The investigation is focused on the potential unfairness of the
consideration to Blackboard shareholders, the process by which the
Board of Directors considered the transaction, and potential
conflicts of interests among Blackboard Board members. According to
Yahoo! Finance, at least one analyst has set a price target of $55
for the Company’s shares.
If you are interested in discussing your rights as a Blackboard
shareholder, or have information relating to this investigation,
please contact Finkelstein Thompson's Washington, DC offices at
(877) 337-1050 or by email at contact@finkelsteinthompson.com.
Finkelstein Thompson LLP has spent over three decades delivering
outstanding representation to institutional and individual clients
in financial litigation, and has been appointed as lead or co-lead
counsel in dozens of shareholder class actions. Indeed, the firm
has served in leadership roles in cases that have recovered over $1
billion for investors and consumers.
To learn more about Finkelstein Thompson LLP, please visit our
web site at www.finkelsteinthompson.com. Attorney advertising.
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