BTIG maintained a Neutral rating on Olo (OLO) following the announcement that Olo has entered into a definitive agreement to be acquired by Thoma Bravo for $10.25 per share, which is a 15% premium from Wednesday’s closing price, and values Olo at $2B equity value. The firm sees the deal as likely to close and called it a “very favorable price” for Olo shareholders.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on OLO: