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Blackbaud riding high

Nasdaq bell ringing marks 25th anniversary

October 13, 2006

Blackbaud Inc. was at an all-time high this week – literally and figuratively.

The Daniel Island-based software maker’s stock shot to a record $25 a share Thursday. And this morning Blackbaud chief executive Marc Chardon is set to ring the bell to open trading on the Nasdaq, marking the company’s 25th anniversary and its ascent from a private darling of the Lowcountry high-tech community to a strategic holding for money managers worldwide.

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