** Co says Blackstone-owned event and hospitality technology firm Cvent will acquire ONTF in an all-cash transaction of about $400 million
** ON24 shareholders to receive $8.10 per share, implying a premium of ~38% to stock's last close
** Proposed transaction unanimously approved by ONTF board; expected to close in first half of 2026
** As of last close, ONTF down ~9% YTD
(Reporting by Arnav Mishra in Bengaluru)
((Arnav.Mishra@thomsonreuters.com;))
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