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BLKB / Blackbaud stock shoots up after Clearlake discloses buyout bid for 23% premium

Shares of Blackbaud Inc. BLKB, +1.35% shot up 14.1% toward a 13-month high in premarket trading, after its largest shareholder Clearlake Capital Group L.P. disclosed a bid to buy all the outstanding Blackbaud shares for $71 each, a 22.8% premium to Friday's closing price of $57.83. Read More

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Posted: Mar 27 2023, 06:39

Author Name: Market Watch

BLKB News

By The Motley Fool
November 1, 2023

Why Blackbaud Stock Soared Today

Blackbaud announced strong revenue and earnings for its third quarter. With solid organic revenue growth and expanding EBITDA margins, the company als

By Seeking Alpha
November 1, 2023

Blackbaud, Inc. (BLKB) Q3 2023 Earnings Call Transcript

By Zacks Investment Research
November 1, 2023

Blackbaud (BLKB) Q3 Earnings Top Estimates, Revenues Up Y/Y

Blackbaud's (BLKB) third-quarter 2023 revenues benefit from increased recurring revenues.

By PRNewsWire
October 17, 2023

Blackbaud Announces Date of Third Quarter 2023 Financial Results

CHARLESTON, S.C. , Oct. 17, 2023 /PRNewswire/ -- Blackbaud (NASDAQ: BLKB), the leading provider of software for powering social impact, will report i

By Zacks Investment Research
October 12, 2023

Blackbaud (BLKB) Enhances Good Move to Boost Fundraising

Blackbaud (BLKB) improves Good Move to serve as a robust mobile hub for Blackbaud TeamRaise.

By Zacks Investment Research
October 6, 2023

Blackbaud (BLKB) Reaches Settlement With States, to Pay $49.5M

Blackbaud (BLKB) noted that the settlement will not have any effect on its guidance for 2023.

By Zacks Investment Research
October 5, 2023

Blackbaud (BLKB) Gains 33.4% YTD: Will the Trend Continue?

Blackbaud's (BLKB) performance benefits from momentum in transactional revenues and rising volumes across its payment solutions.

By Zacks Investment Research
October 4, 2023

Blackbaud (BLKB) Working on AI-Enabled Impact Edge Solution

Blackbaud's (BLKB) Impact Edge solution will be integrating YourCause and EVERFI solutions within a single tool.

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