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Clearlake Capital Submits Non-binding Proposal To Acquire Blackbaud For $71/Shr Cash
Clearlake Capital Group, L.P. announced Monday that it has submitted a non-binding proposal for Clearlake to acquire all of the outstanding shares of cloud software platform Blackbaud, Inc. (BLKB) for $71.00 per share in cash. Clearlake is Blackbaud's single largest stockholder
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