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Software Company Buys Struggling Competitor
By Holly HallBlackbaud, the nation's largest provider of fund-raising software to charities, has announced that it will buy Kintera, a San Diego company that makes similar software. Blackbaud, which plans an all-cash purchase, will pay $46-million in the buyout, or $1.12 per share for Kintera's stock.
The purchase is the fourth in a string of Blackbaud...