According to a story published just minutes ago, all but Providence Equity Partners have dropped out of negotiations with Blackboard.
In part, the article reads, "Buyout firm Providence Equity Partners is in exclusive talks to buy educational software company Blackboard."
The firm, Providence Equity Partners, holds a stake in SunGard, Hulu and others. Providence Equity Partners is part of the group of investors that purchased SunGard in 2005.
As a result of a number of confidentiality agreements, I am unable to comment or provide any opinion on this matter. Sorry members! I can only publish what's public information.
The Tambellini Group