absreturnchaser on X
Proxy (fight) season and nominations coming up. Blackline Inc $BL is a contender. Will the Board sell the company prior?
NASDAQ
Blackline, INC.
BL
3 stories
$1.7B Market cap · 2026-10-15
absreturnchaser on X
Latest takeover target: Blackline Inc $BL. Summary: - $SAP tried to buy them for $66 per share, offer was declined. Stock at $31 now... - SAP is largest customer, plenty of synergies - April board refresh added two activist-backed directors to the Strategic Committee
Myles on X
A lot of software stocks looking like juicy shorts again after this bounce. $XRO.ax makes no sense to my mind at the current valuation. $ASAN up 40% in 3 months despite being unprofitable and a likely AI victim. $BL is super expensive still for low growth. To name a few.
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