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BLKB > SEC Filings for BLKB > Form 8-K on 17-Jun-2014All Recent SEC Filings

Show all filings for BLACKBAUD INC



Other Events

Item 8.01. Other Events.
On June 16, 2014, Blackbaud, Inc. ("Blackbaud") acquired all of the outstanding shares (the "Shares") of Whipplehill Communications, Inc., a New Hampshire corporation ("Whipplehill"), pursuant to a stock purchase agreement with Whipplehill, the holders of the Shares (collectively, the "Sellers") and Travis S. Warren, as representative of the Sellers (the "Acquisition"). Blackbaud acquired the Shares for an aggregate purchase price of $35.0 million in cash, subject to certain adjustments set forth in the stock purchase agreement. On June 17, 2014, Blackbaud issued a press release announcing the Acquisition. A copy of the press release is filed hereto as Exhibit 99.1 and incorporated by reference into this Item 8.01.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits
Exhibit No.   Description

99.1          Press release of Blackbaud, Inc. dated June 17, 2014.

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