One Activist After Another: Blackline Gets a New 13D Filer -- Market Talk

Dow Jones
03/14

1509 ET - Two days after Blackline reported a cooperation agreement with Engaged Capital, another activist investor emerges. FiveSpan Partners reported a 5.1% stake in the financial software company Thursday in a 13D filing. FiveSpan said it expects from time to time to talk to Blackline about topics such as management, board composition and capital allocation. In January, Engaged called for board changes, claiming the board failed in its fiduciary duty and complaining of "prolonged underperformance." This week, Blackline said it named Storm Duncan and Megan Prichard to the board in connection with the cooperation agreement. In March 2025, BlackLine named Scott Davidson a director as part of an agreement with Scalar Gauge Fund. (josh.beckerman@wsj.com)

 

(END) Dow Jones Newswires

March 13, 2026 15:09 ET (19:09 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

應版權方要求,你需要登入查看該內容

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10