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Bumble agrees to be bought by Ithaca Holdings for about $1.3bn — Blankdot

thenextweb.com3 weeks ago

Bumble agrees to be bought by Ithaca Holdings for about $1.3bn

Bumble agrees to be bought by Ithaca Holdings for about $1.3bn

Bumble has agreed to be acquired by Ithaca Holdings in an all-cash deal valuing the dating app at about $1.3 billion, the companies said on Tuesday. Ithaca will pay $6.05 per Bumble Class A share, about 138% more than the stock’s closing price on October 9, before reporting on Monday that the two…

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