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Tuesday, July 27, 2021

Event-Management Software Co. Cvent Nears $5B-Plus SPAC Deal

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Cvent Inc. has agreed to merge with a special-purpose acquisition company in a deal that would take the event-management software company public, according to people familiar with the matter.

Cvent is slated to merge with

Dragoneer Growth Opportunities Corp. II

DGNS 0.96%

in a transaction that values the private-equity-owned company at more than $5 billion including debt, the people said.

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