Core Viewpoint - Kaskela Law LLC has initiated an investigation into the fairness of the buyout price for Olo Inc. shareholders, questioning whether the price undervalues the company's shares [1][3]. Buyout Details - Olo Inc. has agreed to be acquired by private equity firm Thoma Bravo at a price of $10.25 per share in cash, with the transaction expected to result in Olo's shares no longer being publicly traded [2][3]. Investigation Focus - The investigation aims to assess if Olo's investors are receiving adequate financial consideration for their shares and whether the company's officers or directors violated fiduciary duties or securities laws in the buyout agreement [3]. - At the time of the announcement, at least one stock analyst had a price target of $11.00 per share for Olo's shares, indicating a potential undervaluation in the buyout price [3].
OLO INC. BUYOUT INVESTIGATION ALERT: Kaskela Law LLC Announces Investigation into Proposed Buyout of Olo Inc. (NYSE: OLO) Shareholders - Does $10.25 Per Share Represent Sufficient Consideration for OLO Shares?