CVENT, INC. SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation Of Buyout
April 18 2016 - 10:48AM
Business Wire
Rigrodsky & Long, P.A.:
- Do you own shares of Cvent, Inc.
(NYSE: CVT)?
- Did you purchase any of your shares
prior to April 18, 2016?
- Do you think the proposed buyout
price is too low?
- Do you want to discuss your
rights?
Rigrodsky & Long, P.A. announces that it is investigating
potential legal claims against the board of directors of Cvent,
Inc. (“Cvent” or the “Company”) (NYSE: CVT) regarding possible
breaches of fiduciary duties and other violations of law related to
the Company’s entry into an agreement to be acquired by affiliates
of Vista Equity Partners (“Vista”), in a transaction valued at
approximately $1.65 billion.
Click here to learn more:
http://rigrodskylong.com/investigations/cvent-inc-cvt.
Under the terms of the agreement, shareholders of Cvent will
receive $36.00 in cash for each share of Cvent common stock.
The investigation concerns whether Cvent’s board of directors
failed to adequately shop the Company and obtain the best possible
value for Cvent shareholders before entering into an agreement with
Vista. According to Yahoo! Finance, at least one analyst has
issued a price target for Cvent stock at $43.00 per share.
If you own the common stock of Cvent and purchased your shares
before April 18, 2016, if you have information or would like to
learn more about these claims, or if you wish to discuss these
matters or have any questions concerning this announcement or your
rights or interests with respect to these matters, please contact
Seth D. Rigrodsky or Gina M. Serra at Rigrodsky & Long, P.A., 2
Righter Parkway, Suite 120, Wilmington, DE 19803, by telephone at
(888) 969-4242; by e-mail to info@rl-legal.com, or at:
http://rigrodskylong.com/investigations/cvent-inc-cvt.
Rigrodsky & Long, P.A., with offices in Wilmington, Delaware
and Garden City, New York, regularly prosecutes securities class,
derivative and direct actions, shareholder rights litigation and
corporate governance litigation, on behalf of shareholders in
states and federal courts throughout the United States.
Attorney advertising. Prior results do not guarantee a similar
outcome.
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version on businesswire.com: http://www.businesswire.com/news/home/20160418006075/en/
Rigrodsky & Long, P.A.Seth D. RigrodskyGina M. Serra(888)
969-4242(302) 295-5310Fax: (302)
654-7530info@rl-legal.comhttp://www.rigrodskylong.com
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