Cvent Enters Definitive Agreement to be Acquired by Blackstone

TYSONS, Virginia—Cvent Holding Corp. announced that it has entered into a definitive agreement to be acquired by an affiliate of private equity funds managed by Blackstone in a transaction valued at an enterprise value of approximately $4.6 billion. Under the terms of the agreement, Cvent stockholders will receive $8.50 per share in cash, representing a premium of 52 percent to the volume-weighted average share price over the 90 days prior to January 30, 2023. A […]

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