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Shareholder Alert: The Ademi Firm investigates whether Olo Inc. is obtaining a Fair Price for its Public Shareholders
Olo Olo (US:OLO) Prnewswireยท2025-07-03 17:20

Core Viewpoint - The Ademi Firm is investigating Olo for potential breaches of fiduciary duty and other legal violations related to its transaction with Thoma Bravo, which involves a significant financial arrangement for shareholders [1][2]. Group 1: Transaction Details - Olo shareholders will receive $10.25 per share, which values the company at approximately $2.0 billion in equity [2]. - The transaction includes substantial benefits for Olo insiders as part of change of control arrangements [2]. Group 2: Investigation Focus - The investigation is centered on the conduct of Olo's board of directors to determine if they are fulfilling their fiduciary duties to all shareholders [2]. - The transaction agreement imposes significant penalties on Olo if it accepts competing bids, which raises concerns about the limitations on competing transactions [2].