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OLO INVESTIGATION NOTICE: Olo Inc. Shareholders are Notified of the Upcoming $10.25 Olo Merger – Contact BFA Law about Your Rights (NYSE:OLO)
GlobeNewswire News Room· 2025-07-12 11:36
Core Viewpoint - Bleichmar Fonti & Auld LLP is investigating Olo Inc. and its leadership for potential breaches of fiduciary duties related to the company's pending acquisition by Thoma Bravo for $10.25 per share, valuing Olo at approximately $2 billion in equity [1][3][4]. Company Overview - Olo Inc. operates an open SaaS platform for restaurants, facilitating digital commerce operations including ordering, delivery, engagement, and payments [3]. - The company's stock is divided into Class A and Class B shares, with Class B shares having ten votes per share compared to one vote for Class A shares. As of December 31, 2024, directors and executive officers collectively owned approximately 82% of the voting power of Olo's outstanding capital stock [3]. Acquisition Details - On July 3, 2025, Olo announced a definitive agreement to be acquired by Thoma Bravo in an all-cash transaction [3]. - The acquisition price of $10.25 per share represents a 65% premium over Olo's unaffected share price of $6.20 as of April 30, 2025, indicating a significant increase in shareholder value [3].
Cramer's week ahead: Earnings from JPMorgan, Netflix, Goldman Sachs and PepsiCo
CNBC· 2025-07-11 22:57
CNBC's Jim Cramer on Friday told investors what to follow next week as earnings season kicks off, highlighting reports from JPMorgan, Netflix, Goldman Sachs and PepsiCo."Once we process the new tariffs, we've got a ton of earnings reports coming next week, so you better keep your eyes open," he said.Tuesday brings earnings from financial giants JPMorgan, Wells Fargo, Citigroup and BlackRock, and Cramer said he'll be waiting to hear whether there has been any slowdown in spending or pick up in loan losses. W ...
X @Bloomberg
Bloomberg· 2025-07-11 21:42
The Federal Communications Commission cleared T-Mobile US Inc. to acquire much of the wireless business of US Cellular Corp and some of its network infrastructure https://t.co/oIzGUZrJZG ...
Legendary Kicking Lionsgate's Tires
Deadline· 2025-07-11 20:56
Legendary Entertainment may be looking to acquire Lionsgate Studios, which has just spun off on its own ticker on Wall Street. Lionsgate split itself up, Starz going one way, Lionsgate Studios, the other so that either or both could be primed for M&A. We’re getting word that Moelis & Company investment bank is involved with the early talks here. What’s clear is that Lionsgate and Legendary are having conversations on a couple of feature co-productions. That’s bound to be the litmus test in regards to seein ...
X @Forbes
Forbes· 2025-07-11 19:05
Mexican Soccer Team Sells For More Than $120 Million To American-Led Grouphttps://t.co/JQQYvjAv3S https://t.co/42XTgXOufU ...
Are Systematic Acquisitions Fueling Energy Transfer's Expansion?
ZACKS· 2025-07-11 17:01
Key Takeaways Energy Transfer is expanding via strategic acquisitions like Crestwood, Lotus and WTG Midstream. These deals boost ET's scale, asset synergies and presence in key basins like Permian and Haynesville. ET's acquisitions support volume growth, margin gains and steady fee-based cash flow expansion.Energy Transfer LP (ET) is one of the most diversified midstream energy companies in the United States. Its vast network of pipelines, terminals and storage assets positions the firm as a key player in ...
The dollar staying here becomes a tailwind for forward quarters, says Deutsche Bank's Bankim Chadha
CNBC Television· 2025-07-11 15:38
I hear from CEOs who were excited about this administration coming in. They thought that this was going to open the door for mergers and acquisitions, that the FTC was going to be more progressive, more open-minded, and now they're not engaging in mergers and acquisitions because of the uncertainty and the volatility around tariffs. If the tariffs were to be implemented at exactly what the promise is coming out of the White House, would that be better than than the uncertainty surrounding it.Uh potentially ...
MKL Stock Trading at a Discount to Industry at 1.53X: Time to Hold?
ZACKS· 2025-07-11 15:20
Key Takeaways MKL pursues strategic acquisitions to boost insurance operations and grow Markel Ventures' revenues. MKL maintains a strong capital position and robust cash reserves, ensuring financial flexibility. MKL shares have risen 26.7% in the past year compared with the industry's growth of 6.1%.Markel Group Inc. (MKL) shares are trading at a discount compared with the Zacks Diversified Operations industry. Its price-to-book ratio of 1.53X is lower than the industry average of 7.08X, the Finance sect ...
Ferrero Set to Acquire WK Kellogg: Here's What the $3.1B Deal Means
ZACKS· 2025-07-11 14:01
Key Takeaways Ferrero will acquire KLG for $3.1B in cash, gaining control of its iconic cereal brands. The deal allows Ferrero to enter the breakfast category and expand its footprint in North America. KLG stock rose 30% on the news, with shares closing at $22.86 after outpacing its industry in three months.The Ferrero Group, a confectionery giant behind brands like Nutella and Kinder, is making a bold move to expand its North America footprint by acquiring WK Kellogg Co (KLG) for $3.1 billion. The all-ca ...
X @Bloomberg
Bloomberg· 2025-07-11 11:18
Fashion billionaire Amancio Ortega bought a hotel in Paris for $113 million, the Zara brand founder’s second property acquisition in the French city in the past year https://t.co/EnXXqMj0uJ ...