09:14 AM EST, 11/25/2025 (MT Newswires) -- BlackLine ( BL ) said Tuesday that the company and its board "actively" meet on a regular basis with shareholders, including Engaged Capital.

The statement follows Engaged Capital's allegation of a "pattern of poor stockholder engagement" and demand that BlackLine ( BL ) turn over records about how the company handled takeover approaches, including a $66-a-share proposal from SAP (SAP).

BlackLine ( BL ) said management and independent directors have met with Engaged Capital seven times in the past 12 months.

Engaged Capital did not immediately respond to MT Newswires' request for comment.