BlackLine (BL) has attracted takeover interest from suitors including SAP (SAP), people with knowledge of the matter told Bloomberg’s Ryan Gould and Dinesh Nair. The German software giant made a takeover approach to BlackLine earlier this year that valued the company in the high $60s per share, but the offer was rejected and there are no current talks being held with would-be buyers, the report stated. Shares of BlackLine are up 7.7% after the news.
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