UPDATE: Cvent, Inc. (CVT) Active; Vista Won Approval to Close Merger - NYP

November 17, 2016 12:50 PM EST

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(Updated - November 17, 2016 12:51, 12:54 PM EST)

Cvent, Inc. (NYSE: CVT) gained Thursday after the New York Post reported that private equity firm Vista Equity Partners won approval to close its $1.6 billion merger with the company. Shares advanced 14%.

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