Vista Equity Said Still Positive on DOJ Approval on Cvent, Inc. (CVT) Deal - Bloomberg

October 19, 2016 3:31 PM EDT

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Vista Equity is still confident its Cvent (NYSE: CVT) acquisition will go through, according to Bloomberg, citing a person familiar with the matter. The person added there won't be a need to sell Lanyon for the deal to proceed.

An investor said standalone valuation for Cvent is $32.50 if the deal breaks with CRM and SAP or party B in background.

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