Blackbaud to Review Unsolicited Proposal from Clearlake Capital Group

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Go back to Blackbaud to Review Unsolicited Proposal from Clearlake Capital Group

Clearlake offers to acquire Blackbaud (BLKB) for $80 per share in cash

April 15, 2024 9:23 AM EDT

It was revealed Monday that Clearlake Capital Group has offered to acquire all of Blackbaud's (NASDAQ: BLKB) outstanding shares for $80 per share. The all-cash deal values Blackbaud at $4.3 billion.

In a filing, it was shown that the firm had raised its offer for the... More