Blackbaud Announces Sale of EVERFI
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Blackbaud, Inc. (NASDAQ: BLKB) has announced the sale of its EVERFI Inc. business to an unaffiliated private investment firm. This move is part of Blackbaud's strategic decisions to focus on its core operations.
January 02, 2025 | 1:45 pm
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Blackbaud has sold its EVERFI Inc. business to a private investment firm, indicating a strategic shift to focus on core operations.
The sale of EVERFI allows Blackbaud to streamline its operations and focus on its core business areas. This strategic move could positively impact Blackbaud's stock price as it may lead to improved operational efficiency and potentially better financial performance.
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RELEVANCE 90