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Stock impact report

BlackLine (BL) Is Down 6.3% After Activist Pushes for Board Shake-Up and Possible Sale [Yahoo! Finance]

BlackLine, Inc. (BL) 
NASDAQ:AMEX Investor Relations: investors.blackline.com
Company Research Source: Yahoo! Finance
rejection of a premium acquisition offer and the decision to shrink board size, arguing these steps work against shareholder interests. The push for new directors is intended to force a more rigorous review of all options, including a potential sale of the company, which could materially influence BlackLine's future governance and corporate direction. Next, we'll examine how Engaged Capital's push for board representation and a possible sale reshapes BlackLine's existing investment narrative. Rare earth metals are an input to most high-tech devices, military and defence systems and electric vehicles. The global race is on to secure supply of these critical minerals. Beat the pack to uncover the 38 best rare earth metal stocks of the very few that mine this essential strategic resource. To own BlackLine, you generally need to believe its finance automation platform can keep winning enterprise workloads despite rising competition and only modest recent growth. The Engaged Capita Show less Read more
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