Goldman Out of Blackboard Buyout as Terms Tighten

July 11 (Bloomberg) -- Goldman Sachs Group Inc. was left out of financing Blackboard Inc.’s leveraged buyout after the investment bank stiffened terms. Goldman Sachs increased the so-called flex on the portion of the financing it originally agreed to provide Blackboard, the education-software maker being acquired by Providence Equity Partners Inc. Cristina Alesci reports in this edition of Deal Desk on Bloomberg Television's "In the Loop." (Source: Bloomberg)