Other than the subscription-protected piece at the Chronicle of Higher Ed (and Charlie’s reference to it at Kairosnews) this is the only thing public I can find on this so far, but yes, the rumours seem to have been well founded, and Blackboard is going ahead with it’s IPO. Congratulations to them and good luck. – SWL
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Ray Schroeder managed to dig up a reference on the newswires at http://www.forbes.com/markets/newswire/2004/03/05/rtr1288641.html