By Jade Martinez-Pogue ( March 27, 2023, 3:57 PM EDT) -- Blackbaud Inc., which is a philanthropic software provider that was advised by Vinson & Elkins LLP, on Monday announced that its board of directors rejected a $3.78 billion takeover bid from private investment firm Clearlake Capital, calling it a "highly opportunistic proposal" that "fundamentally undervalues" the company....
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