** Olo Inc's OLO.N shares up 7.7% premarket to $6.68 on potential M&A news
** Restaurant software provider exploring a potential sale after attracting takeover interest, Bloomberg News reported, citing people familiar
** New York-based-co working with a financial adviser to help gauge interest from potential buyers, according to the report
** Deliberations are still in early stages and Olo could opt against pursuing a deal, the people said
** Co counts Shake Shack SHAK.N founder and board chairman Danny Meyer among its backers. Meyer also serves on Olo's board
** OLO shares are down 19% YTD through Weds, giving co $1 bln market cap. It went public in 2021 IPO priced at $25
(Lance Tupper is a Reuters market analyst. The views expressed are his own)
((lance.tupper@tr.com 1-646-279-6380))
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