Olo to be acquired by Thoma Bravo in ~$2B cash deal, shares up 12%

4 days ago 1

Wooden blocks with text M and A on light blue paper, business concept. MA - short for mergers and acquisitions

Olo (NYSE:OLO) was rising after the SaaS platform for restaurants announced an acquisition by the software investment firm Thoma Bravo in an all-cash deal valued at ~$2B.

Shares were +12.46% pre-market to $10.02.

Olo shareholders are set to receive $10.25 per

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