Stifel Downgrades Cvent (CVT) to Hold
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Cvent Enters into Definitive Agreement to be Acquired by Vista Equity Partners for $1.65 Billion
April 18, 2016 8:03 AM EDTVista Equity Partners to acquire all outstanding Cvent common stock for $36 per share
TYSONS CORNER, Va.--(BUSINESS WIRE)-- Cvent Inc. (NYSE: CVT) a leading cloud-based enterprise event management company, today announced that it has entered into a definitive agreement to be acquired by affiliates of Vista Equity Partners (Vista), a leading private equity firm focused on investments in software, data and technology-enabled businesses.
The terms of this all-cash deal provide substantial value to Cvent stockholders. Vista will acquire 100 percent of the outstanding shares of Cvent common stock for a total value of approximately... More
