February 17, 2006

Justice Department Sees No Antitrust Concerns in Blackboard's Plan to Take Over WebCT

By DAN CARNEVALE

The U.S. Department of Justice indicated last week that it would allow Blackboard Inc. to take over WebCT Inc., paving the way for the two education-software companies to merge within the next few months.

Michael L. Chasen, president and chief executive officer of Blackboard, said he expected the merger to take place in March or April. "We're going to make plans about how to operate as a combined company," he said.

Both companies sell content-management software to academic,

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