Clearlake Capital Responds to Blackbaud Board’s Rejection of Its Proposal to Acquire the Company for $71 Per Share

SANTA MONICA, Calif., March 29, 2023 /PRNewswire/ — Clearlake Capital Group, L.P. (“Clearlake” or the “Firm”) today submitted the following letter to the Blackbaud, Inc. (NASDAQ: BLKB) Board of Directors (the “Board), in response to its rejection of Clearlake’s offer to acquire Blackbaud…

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