Newbrook Capital Issues Blackbaud ShortMark Melin
Robert Boucai’s Long / Short hedge fund has in its sights a new short, Blackbaud, Inc. (BLDB). Newbrook Capital has thesis in part based on the notion that, for the first time, a competitor with a much larger corporate footprint is entering the non-profit software market Blackbaud has long-dominated and they won't be able to acquire the competition as in the past.
Newbrook Capital: Blackbaud won't be able to buy its way out of this problem
There are numerous reasons why Boucai likes . . .
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