Blackbaud Extends Offer to Acquire Convio

Blackbaud, Inc. BLKB today announced the extension of 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 21, 2012 from midnight, New York City time, today. This extension supports Blackbaud providing the Department of Justice additional time to review the proposed acquisition. Pursuant to the terms of the merger agreement between the two companies, the expiration date may only be extended in increments of no more than 10 business days each.