1. Olo Inc. is proposed to be sold at $10.25 per share. 2. KSF investigates if the sale undervalues Olo. 3. Shareholders are encouraged to discuss their legal rights. 4. The investigation could impact the sale process and price. 5. Former Attorney General leads the investigation team.
Investigations by law firms often signal potential undervaluation, causing market uncertainty, similar to past events where proposed buyouts faced scrutiny.
The proposed sale and investigation directly relate to Olo's valuation and shareholder confidence.
The investigation's results may affect immediate shareholder sentiment and stock price, as seen in previous acquisition investigations.
NEW YORK & NEW ORLEANS--(BUSINESS WIRE)-- Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Olo Inc. (NYSE: OLO) to Thoma Bravo. Under the terms of the proposed transaction, shareholders of Olo will receive $10.25 in cash for each share of Olo that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.
If you believe that this transaction undervalues the Company and/or if you would like to discuss your legal rights regarding the proposed sale, you may, without obligation or cost to you, e-mail or call KSF Managing Partner Lewis S. Kahn (lewis.kahn@ksfcounsel.com) toll free at any time at 855-768-1857, or visit https://www.ksfcounsel.com/cases/nyse-olo/ to learn more.
To learn more about KSF, whose partners include the Former Louisiana Attorney General, visit www.ksfcounsel.com.
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