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Blackboard (BBBB) Shares Moving on Rumor Co. Received Takeover Interest from Oracle (ORCL)

April 20, 2011 1:05 PM EDT
Shares of Blackboard (Nasdaq: BBBB) are ticking higher in intraday trade following a report from Deal Reporter which suggests the company may have received takeover interest from Oracle (Nasdaq: ORCL).

After surging nearly 29 percent on Tuesday, Blackboard shares are now down 0.8 percent but off session lows.


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