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FTC finalizes order with Blackbaud over security, data breach.

FTC finalizes order with Blackbaud over security, data breach. The Federal Trade Commission (FTC) has announced a proposed settlement with Blackbaud, Inc., a data services provider, over charges that the company's inadequate data security safeguards allowed a hacker to breach its network and access…

AInvest Wire · May 20, 2024

ImportantBlackbaud jumps 5% as Clearlake reportedly renews pursuit

Blackbaud jumps 5% as Clearlake reportedly renews pursuit Blackbaud, Inc. (BLKB), the leading software provider exclusively dedicated to powering social impact, has once again rejected an unsolicited acquisition proposal from private equity firm Clearlake Capital Group, L.P. [1] The Board of…

AInvest Wire · Apr 11, 2024

ImportantBlackbaud to buyback 7% to 10% of outstanding shares.

Blackbaud to buyback 7% to 10% of outstanding shares. Blackbaud, a software company that provides solutions for nonprofit organizations, has recently announced a stock buyback plan. According to the information provided by [1], Blackbaud plans to repurchase 7% to 10% of its outstanding shares,…

AInvest Wire · Mar 4, 2024

ImportantU.S. FTC says it requires Blackbaud to delete unnecessary data, boost safeguards to settle charges related to data breach

U.S. FTC says it requires Blackbaud to delete unnecessary data, boost safeguards to settle charges related to data breach The U.S. Federal Trade Commission (FTC) has announced that it has settled charges related to a data breach against Blackbaud, a software company that provides services to…

AInvest Wire · Feb 1, 2024

ImportantBlackbaud Expands Buyback Program to $500 Million Authorization

Blackbaud Expands Buyback Program to $500 Million Authorization Blackbaud, a leading software provider for the nonprofit and education sectors, has announced a significant expansion of its stock repurchase program. The company's board of directors has authorized the repurchase of up to $500 million…

AInvest Wire · Jan 22, 2024

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