Engaged Capital Calls on BlackLine, Inc. to Announce Exploration of Strategic Alternatives
Urges the Board to Hire Qualified Advisors and Initiate Good Faith Negotiations with SAP Based on Reports of Renewed Acquisition Interest Underscores Belief That a Sale Represents the Best Outcome for Stockholders in Light of BlackLine's Inability to Realize Sustainable Value in the Public Market NEWPORT BEACH, Calif.--(BUSINESS WIRE)--Engaged Capital, LLC ("Engaged†), an investment firm specializing in enhancing the value of small- and mid-cap North American companies, today issued the following letter t ...