Kessler Topaz is investigating claims on behalf of current shareholders of Cvent Holding Corp. (Nasdaq: CVT) (“Cvent”), related to its announcement that it would be acquired by an affiliate of private equity funds managed by Blackstone, Inc.
On March 14, 2023, Cvent announced that it would be acquired by private equity funds managed by Blackstone, Inc. at a price of $8.50 per share. Following the closing of the proposed transaction, Cvent investors will be cashed out of their investment position and the company's shares will no longer be publicly traded. Cvent filed its Preliminary Proxy on April 21, 2023.
Our investigation is focused on whether Cvent shareholders are receiving adequate consideration for their shares and whether the price was the result of a fair process.
Contact us today if you are a current shareholder of Cvent Holding Corp. (Nasdaq: CVT). You can fill out our online form below, call us at 484-270-1453 or email us at info@ktmc.com.