Blackboard to Acquire ANGEL Learning, Inc.
Press Release,
Blackboard,
May 06, 2009
Another stunner in the e-learning marketplace. "Under terms of the agreement, Blackboard will acquire ANGEL Learning for approximately $95 million, net of cash acquired and excluding transaction costs. Both companies' boards of directors as well as ANGEL Learning's shareholders have approved the transaction and closing is expected in May 2009." The Angel website simply points to this page on Blackboard.
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