Category In The Spotlight

3 Powerful Investors Push BlackLine Toward a Sale

finplate_audit_company_blackline
Several major investors, including Ananym Capital, Tensile Capital, Sheffield Asset Management, and activist Engaged Capital, are pressuring accounting software firm BlackLine to consider selling itself after rejecting SAP’s reported high-$60s-per-share offer. Following Bloomberg’s report, CEO Owen Ryan said the company is aware of investor concerns and continues discussions but has not committed to exploring a sale.

Massive $60B M&A Wave Sparks Excitement: 9 Game-Changing Deals Shaking Up Global Markets

corporate deals
This week saw a flurry of high-value deals across industries, totaling over \$60 billion. Major moves include Reckitt’s \$4.8B sale to Advent, a potential Union Pacific–Norfolk Southern rail merger, and Couche-Tard withdrawing its \$47B bid for 7-Eleven’s parent. Other key acquisitions came from Starwood, Blink Charging, Huntington Bancshares, and more. These strategic decisions reflect shifts in focus, market consolidation, and growing interest in EV infrastructure, real estate, digital assets, and regional banking expansion. #Deals #Mergers #BusinessNews