April 22, 2016 (Shareholders Foundation) - An investigation on behalf of investors, who currently hold shares of Cvent Inc (NYSE:CVT), was announced concerning whether the takeover of Cvent Inc by Vista Equity Partners for $30.00 per share is unfair to NYSE:CVT stockholders.

The investigation by a law firm concerns whether certain officers and directors of Cvent Inc breached their fiduciary duties owed to NYSE:CVT investors in connection with the proposed acquisition.

On Apr 18, 2016 Cvent Inc (NYSE:CVT) announced that it has entered into an agreement to be acquired by affiliates of private equity firm Vista Equity Partners. Cvent stockholders will receive $36.00 in cash per share.

However, given that at least one analyst has set the high target price for NYSE:CVT shares at $43.00 per share and that NYSE:CVT shares traded in the open market as high as $37.25 per share on December 8, 2015, the investigation concerns whether the offer is unfair to (NYSE:CVT stockholders. More specifically, the investigation concerns whether the Cvent Board of Directors undertook an adequate sales process, adequately shopped the company before entering into the transaction, maximized shareholder value by negotiating the best price, and acted in the shareholders' best interests in connection with the proposed sale.