Tuesday, January 17, 2012

Blackbaud Agrees To Buy Convio For $275 Million - Forbes

Blackbaud Agrees To Buy Convio For $275 Million - Forbes: There are profits to be made in non-profits.

Blackbaud, a provider of cloud-based software for non-profits, this morning said it has agreed to buy Convio, which provides fund-raising software for the non-profit sector, for $16 a share, or about $275 million. Convio closed last week at $10.74.

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