m_and_a
confidence high
sentiment positive
materiality 1.00
Olo Inc. to be acquired by Thoma Bravo affiliate for $10.25 per share in cash
Olo Inc.
- Per-share consideration of $10.25 in cash for all outstanding shares of Class A and Class B common stock.
- Supporting stockholders representing over 75% of voting power have agreed to vote in favor of the merger.
- Merger is subject to stockholder approval, regulatory clearance (HSR), and other customary conditions.
- Olo may owe a termination fee of $73.7M if it terminates to accept a superior proposal or Board changes recommendation.
item 1.01item 7.01item 9.01