Blackboard Inc. announces execution of definitive agreement to sell its Transact business unit
(7 Mar 2019) Blackboard Inc. today announced the execution of a definitive agreement to sell its Blackboard Transact business unit (“Transact”) to Reverence Capital Partners, LP (“Reverence”). The transaction will enable Blackboard to remain laser focused on and continue to deliver market-leading innovation in its teaching and learning portfolio of solutions, the core of its business…