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Tuesday, January 31, 2023

Event software firm Cvent Holding (CVT) explores sale

 Jan 31 (Reuters) - Cvent Holding Corp is exploring a sale that could value the cloud-based event-software provider at about $4 billion, a person familiar with the matter told Reuters on Tuesday.

The firm has attracted interest from private equity firms including Blackstone (BX). 

Cvent had a market value of about $3.3 billion midday Tuesday, with the shares having lost nearly half their value from an early 2021 high.
 




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