US stocks surged | Olo (OLO.US) to be acquired by Thoma Bravo in an all-cash deal, up over 13% hitting a new high for the year

According to the Zhixingtong Finance APP, on Thursday, Olo (OLO.US) surged more than 13% to reach a new high for the year, closing at $10.12. On the news front, the company announced that it has reached a final agreement with the top software investment company Thoma Bravo to acquire Olo in an all-cash transaction, valued at approximately $2 billion. This deal is expected to drive Olo's growth and strengthen its platform, providing products to over 750 global restaurant brands. After the transaction is completed, Olo will become a privately held company.