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Olo Stock Soars 13.13% on $2 Billion Acquisition by Thoma Bravo

Generated by AI AgentAinvest Pre-Market Radar

Thursday, Jul 3, 2025 9:14 am ET1min read

On July 3, 2025, Olo's stock surged by 13.13% in pre-market trading, reflecting significant investor interest and market confidence in the company's recent developments.

Olo, a leading restaurant technology platform, has been acquired by Thoma Bravo at $10.25 per share. This strategic acquisition is valued at $2 billion and is expected to accelerate Olo's growth trajectory. The deal signifies a major shift in the company's direction, positioning it for further expansion and innovation in the restaurant technology sector.

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