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home / news releases / BL - BlackLine gains on speculation about takeover interest

BL - BlackLine gains on speculation about takeover interest

BlackLine Inc.

  • BlackLine ( NASDAQ: BL ) rose 3% on speculation that the financial and accounting software company is speculated to be a takeover target.
  • BlackLine is speculated to have received some interest from a private equity firm, according to a Betaville "uncooked" alert, which cited people following the matter who have heard rumors. The identity of the buyer isn't known.
  • BlackLine ( BL ) has a market cap of $3.9 billion and short interest of 10.5%.
  • BlackLine ( BL ) is scheduled to report 2Q results on Aug. 4.

For further details see:

BlackLine gains on speculation about takeover interest
Stock Information
Company Name: BlackLine Inc.
Stock Symbol: BL
Market: NASDAQ
Website: blackline.com
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