Blackbaud, Inc. the leading provider of software and related services designed specifically for nonprofit organizations, announced today that it has acquired privately-owned eTapestry, based in Indianapolis, Indiana. Under the terms of the agreement, Blackbaud paid an aggregate purchase price of approximately $24.8 million, plus an additional amount of up to $1.5 million under a two-year stock-based performance incentive arrangement.
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Lenovo today announced that the Company is in discussion with an independent third party in relation to a proposed acquisition of Packard Bell, a computer company in Europe and has entered into a memorandum of understanding with such party to explore the possibilities of the proposed acquisition.
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Bain Capital will pay $63 cash per share. Guitar Center board and management team fully support the Bain Capital Transaction.
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Russia's Norilsk Nickel said on Monday, June 18 it had extended its cash offer to acquire the common stock of Canada's gold and nickel producer LionOre until June 28.
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