Blackbaud Rejects $71/Shr Offer From Stakeholder Clearlake
Reuters![Blackbaud CEO, Mike Gianoni](http://corridor.imgix.net/cdc/Mike%20Gianoni_1680040892140.jpg?auto=compress%2Cformat%2Cenhance&w=700&h=460&fit=crop&crop=faces%2Cedges&s=8cfcaccdc9a28077bf7d9fce7529fe91)
Blackbaud Inc on Monday rejected a buyout offer from its largest shareholder Clearlake Capital, saying it was undervalued in the approach that pegged the software maker at $3.78 billion. Read more: