Blackboard Looks Likely To Go Public
Shannon Henr,
Washington Post,
Dec 04, 2003
Citing a "teady stream of investment bankers" going through Blackboard's 18th and L Street offices, this article speculates that Blackboard is about to launch an IPO. The time is right for the company, especially after landing a contract with the Department of Defense last week. Record revenues haven't hurt either. I still think an acquisition is more likely than an IPO (I see McGraw-Hill or Microsoft as prime candidates) but either way it seems that changes are afoot.
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