Brief: Blackbaud Board Of Directors Unanimously Rejects Unsolicited Proposal From Clearlake Capital

Blackbaud

27/03/2023 14:12

March 27 (Reuters) - Blackbaud Inc  BLKB.O :
    * BLACKBAUD BOARD OF DIRECTORS UNANIMOUSLY REJECTS
UNSOLICITED
PROPOSAL FROM CLEARLAKE CAPITAL
    * BLACKBAUD INC - BOARD UNANIMOUSLY DETERMINED PROPOSAL
SIGNIFICANTLY UNDERVALUES BLACKBAUD
    * BLACKBAUD INC -  BOARD DETERMINED THAT CLEARLAKE PROPOSAL
IS NOT
IN BEST INTEREST OF STOCKHOLDERS

Source text for Eikon:  ID:nPny6BLza 
Further company coverage:  BLKB.O 

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