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University of Texas system: No financial return on MyEdu investment

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In 2011, the University of Texas System Board of Regents approved a $10 million investment in MyEdu, an Austin-based education software start-up. This week, after MyEdu was sold to Blackboard — a large technology company — for an undisclosed amount,  system officials acknowledged that there would be no financial return on the investment.  “Texas taxpayers would like to know where...

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