Blackbaud to Refile HSR Premerger Notification and Report and Extend Offer to Acquire Convio

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Blackbaud, Inc.
BLKB
today announced that it has voluntarily withdrawn its Premerger Notification and Report Form under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 and, in conjunction, extended the expiration of its cash tender offer for all outstanding shares of common stock of Convio, Inc.
CNVO
to midnight, New York City Time, on Wednesday, March 7, 2012. The expiration date of the tender offer may only be extended in increments of no more than ten business days each, pursuant to the terms of the merger agreement between the companies. Blackbaud's withdrawal, which is effective February 22, 2012, will provide the Department of Justice (“DOJ”) with additional time to review information regarding the proposed acquisition without requiring a formal Request for Additional Information.
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