CVT

SHAREHOLDER ALERT: Kaskela Law LLC Announces Investigation of Cvent Holding Corp. (CVT) and Encourages CVT Shareholders to Contact the Firm

Retrieved on: 
Wednesday, March 15, 2023

PHILADELPHIA, March 15, 2023 (GLOBE NEWSWIRE) -- Kaskela Law LLC announces that it is investigating Cvent Holding Corp. (NASDAQ: CVT) (“Cvent”) on behalf of the company’s shareholders.

Key Points: 
  • PHILADELPHIA, March 15, 2023 (GLOBE NEWSWIRE) -- Kaskela Law LLC announces that it is investigating Cvent Holding Corp. (NASDAQ: CVT) (“Cvent”) on behalf of the company’s shareholders.
  • Cvent shareholders are encouraged to contact Kaskela Law LLC (D. Seamus Kaskela, Esq.
  • at (484) 229 – 0750, or by email ( [email protected] / [email protected] ) or online at https://kaskelalaw.com/cases/cvent-holding-corp/ , for additional information about this investigation and their legal rights and options.
  • Kaskela Law LLC exclusively represents investors in securities fraud, corporate governance, and merger & acquisition litigation.

CVENT (CVT) SHAREHOLDER ALERT - Andrews & Springer LLC Is Seeking More Cash for Shareholders of Cvent Holding Corp.

Retrieved on: 
Wednesday, March 15, 2023

On March 14, 2023, the two parties announced the signing of a definitive merger agreement pursuant to which Blackstone will acquire Cvent in a merger worth $4.6 billion.

Key Points: 
  • On March 14, 2023, the two parties announced the signing of a definitive merger agreement pursuant to which Blackstone will acquire Cvent in a merger worth $4.6 billion.
  • As a result of the merger, Cvent shareholders are only anticipated to receive $8.50 per share in cash in exchange for each share of Cvent.
  • Our Firm's investigation so far has discovered that the merger appears to have significant conflicts of interest, thus making the process and consideration unfair.
  • Andrews & Springer is a boutique securities class action law firm representing shareholders nationwide who are victims of securities fraud, breaches of fiduciary duty or corporate misconduct.

CVT Alert: Monsey Firm of Wohl & Fruchter Investigating Fairness of the Sale of Cvent

Retrieved on: 
Tuesday, March 14, 2023

MONSEY, N.Y., March 14, 2023 (GLOBE NEWSWIRE) -- The law firm of Wohl & Fruchter LLP is investigating the fairness of the $8.50 per share in cash at which Cvent Holding Corp. (Nasdaq: CVT) (Cvent) is being sold to Blackstone.

Key Points: 
  • MONSEY, N.Y., March 14, 2023 (GLOBE NEWSWIRE) -- The law firm of Wohl & Fruchter LLP is investigating the fairness of the $8.50 per share in cash at which Cvent Holding Corp. (Nasdaq: CVT) (Cvent) is being sold to Blackstone.
  • On March 14, 2023, Cvent announced that it has agreed to be acquired by Blackstone for $8.50 per share in cash.
  • “We are investigating whether the Cvent Board acted in the best interests of Cvent shareholders in approving the sale,” explained Joshua Fruchter, one of the law firm’s name partners.
  • The opportunity to share in the future growth of Cvent is not being made available to other public stockholders.

INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Cvent Holding Corp. and Encourages Investors with Losses to Contact the Firm

Retrieved on: 
Wednesday, March 15, 2023

The investigation focuses on determining if the Cvent Board breached its fiduciary duties to shareholders by failing to conduct a fair process and whether Blackstone is underpaying for the Company.

Key Points: 
  • The investigation focuses on determining if the Cvent Board breached its fiduciary duties to shareholders by failing to conduct a fair process and whether Blackstone is underpaying for the Company.
  • We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge.
  • The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
  • This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.

CVT Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Cvent Holding Corp. Is Fair to Shareholders

Retrieved on: 
Tuesday, March 14, 2023

Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Cvent Holding Corp. (NASDAQ: CVT) to an affiliate of private equity funds managed by Blackstone for $8.50 per share in cash is fair to Cvent shareholders.

Key Points: 
  • Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Cvent Holding Corp. (NASDAQ: CVT) to an affiliate of private equity funds managed by Blackstone for $8.50 per share in cash is fair to Cvent shareholders.
  • On behalf of Cvent shareholders, Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.
  • Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct.
  • Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.

Cvent To Be Acquired By Blackstone in $4.6 Billion Transaction

Retrieved on: 
Tuesday, March 14, 2023

Cvent Holding Corp. (“Cvent”) (Nasdaq: CVT), an industry-leading meetings, events and hospitality technology provider, today announced that it has entered into a definitive agreement to be acquired by an affiliate of private equity funds managed by Blackstone (“Blackstone”) in a transaction valued at an enterprise value of approximately $4.6 billion.

Key Points: 
  • Cvent Holding Corp. (“Cvent”) (Nasdaq: CVT), an industry-leading meetings, events and hospitality technology provider, today announced that it has entered into a definitive agreement to be acquired by an affiliate of private equity funds managed by Blackstone (“Blackstone”) in a transaction valued at an enterprise value of approximately $4.6 billion.
  • A wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA) will be a significant minority investor alongside Blackstone as part of the transaction.
  • Blackstone has received a fully committed $1.0 billion credit facility as part of the financing of this transaction.
  • Qatalyst Partners is acting as financial advisor to Cvent, and Kirkland & Ellis LLP is acting as legal counsel to Cvent.

Cvent Announces Fourth Quarter and Fiscal Year 2022 Financial Results

Retrieved on: 
Tuesday, March 14, 2023

Cvent Holding Corp. (“Cvent”) (Nasdaq: CVT), an industry-leading meetings, events and hospitality technology provider, today announced financial results for the fourth quarter and full fiscal year ended December 31, 2022.

Key Points: 
  • Cvent Holding Corp. (“Cvent”) (Nasdaq: CVT), an industry-leading meetings, events and hospitality technology provider, today announced financial results for the fourth quarter and full fiscal year ended December 31, 2022.
  • Event Cloud revenue was $120.6 million for the fourth quarter of 2022, an increase of 17.2% from the comparable period in 2021.
  • Hospitality Cloud revenue was $50.3 million for the fourth quarter of 2022, an increase of 20.5% from the comparable period in 2021.
  • Net loss was $19.1 million for the fourth quarter of 2022 compared to $21.5 million in the comparable period in 2021.

POLARIS UNLEASHES REVOLUTIONARY NEW GENERATION OF THE RZR XP - THE INDUSTRY'S BEST-SELLING SPORT SIDE-BY-SIDE

Retrieved on: 
Tuesday, March 7, 2023

MINNEAPOLIS, March 7, 2023 /PRNewswire/ -- Polaris Off Road, the leader in off-road vehicle innovation, today unleashed the next generation of the industry's best-selling sport side-by-side, the RZR XP. The all-new 2024 RZR XP has been completely redesigned from the ground up to raise the industry standard for sport side-by-sides to an entirely new level – delivering class-leading durability, comfort and performance.

Key Points: 
  • Stronger than ever before, the Polaris RZR XP chassis provides improved trail agility and rugged durability in rough conditions.
  • Featuring an all-new rugged design, the 2024 RZR XP is designed to keep riders out with their crew even longer.
  • Designed with customization in mind, the RZR XP offers six plug-and-play Polaris PULSE ports and is factory prewired throughout the vehicle.
  • Shipping to dealers in April, RZR XP is available in two and four-seat configurations in three trims: Sport, Premium and Ultimate.

Autotrader Announces Best News Cars of 2023, Offers Chance to Win Free Gas for One Year*

Retrieved on: 
Tuesday, March 7, 2023

Consumers can enter for a chance to win on www.FueledByAutotrader.com starting today through 4/21.

Key Points: 
  • Consumers can enter for a chance to win on www.FueledByAutotrader.com starting today through 4/21.
  • "In celebration of Autotrader's Best New Cars of 2023, we want to help people by offering the opportunity to win free gas or EV charging for one year, taking that expense off their plate."
  • To learn more about the Best New Cars of 2023 from Autotrader, including photos, detailed vehicle information and available inventory, visit https://www.autotrader.com/best-cars/best-new-cars-of-2023 .
  • To enter for a chance to win free gas or EV charging for a year, visit www.FueledByAutotrader.com .

SUBARU ANNOUNCES PRICING ON 2024 OUTBACK AND LEGACY MODELS

Retrieved on: 
Wednesday, March 1, 2023

The 2024 Legacy Sport now comes standard with the SUBARU STARLINK 11.6-inch Multimedia Plus system featuring a Harman Kardon® speaker system with 576-watt equivalent amplifier.

Key Points: 
  • The 2024 Legacy Sport now comes standard with the SUBARU STARLINK 11.6-inch Multimedia Plus system featuring a Harman Kardon® speaker system with 576-watt equivalent amplifier.
  • The 2024 Outback and Legacy make available the SUBARU STARLINK 11.6-inch Multimedia Plus system with standard wireless Apple CarPlay and wireless Android Auto with full screen display.
  • For 2024 model year, Outback will be available in Base, Premium, Onyx Edition, Wilderness, Limited, Touring, and XT trim levels.
  • The Outback and Legacy are built at Subaru of Indiana Automotive (SIA) in Lafayette, Indiana along with the Ascent and (soon) Crosstrek 2.5-liter.