Bloomberg

Blackboard to Merge With Anthology in $3 Billion EdTech Deal

(Bloomberg) — Blackboard Inc., an education technology provider backed by Providence Equity Partners, is combining with Veritas Capital’s portfolio company Anthology, according to a statement Monday.Terms of the deal aren’t being disclosed. The combined company will be valued at about $3 billion dollars including debt, people familiar with the matter said, asking not to be identified discussing confidential information. It will have about 4,000 employees, one of the people said. Anthology was v

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