March 27, 2023

Blackbaud Rejects $71/Shr Offer From Stakeholder Clearlake

Reuters
Blackbaud CEO, Mike GianoniBlackbaud CEO, Mike Gianoni

Blackbaud Inc on Monday rejected a buyout offer from its largest shareholder Clearlake Capital, saying it was undervalued in the approach that pegged the software maker at $3.78 billion. Read more: