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BlackLine Faces Activist Push for Board Shake-Up and Possible Sale
ByAinvest
Friday, Jan 16, 2026 1:13 am ET1min read
BL--
Activist investor Engaged Capital is pushing for a board shake-up and possible sale of BlackLine (BL), citing the company's rejection of a premium acquisition offer and decision to shrink board size as against shareholder interests. This could reshape BlackLine's investment narrative and reframe how investors weigh execution risk against potential corporate actions. The push for new directors aims to force a more rigorous review of all options, including a potential sale.
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