{"schema_version":"secwatch.filing_event.v1","accession":"0001280058-23-000012","form_type":"8-K","ticker":"BLKB","cik":"0001280058","company_name":"BLACKBAUD INC","filed_at":"2023-03-27T23:59:59+00:00","discovered_at":"2026-05-14T18:03:44.206346+00:00","generated_at":"2026-06-17T14:30:54.618167+00:00","sec_items":["7.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Blackbaud board unanimously rejects Clearlake's $71/share unsolicited acquisition proposal","bullets":["Blackbaud board unanimously rejected Clearlake Capital's unsolicited bid of $71.00 per share in cash.","Board called the proposal 'highly opportunistic' and said it 'significantly undervalues' the company.","CEO cited strong momentum on Rule of 40 strategy; company will not engage on the offer."],"urls":{"canonical":"https://secwatch.observer/filing/0001280058-23-000012","json":"https://secwatch.observer/filing/0001280058-23-000012.json","markdown":"https://secwatch.observer/filing/0001280058-23-000012.md","text":"https://secwatch.observer/filing/0001280058-23-000012.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1280058/000128005823000012/0001280058-23-000012-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1280058/000128005823000012/blkb-20230327.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-17T14:30:54.618167+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}