FinanceDealStreetAsiaabout 2 hours ago
Bumble Agrees to $1.3 Billion Takeover
2 min read
Bumble agreed on Tuesday to be taken private by Ithaca Holdings in a deal valued at $1.3 billion. The private equity firm offered $6.05 per share, a 122.4% premium to the closing price on June 24. Ithaca co-founders Ravi Gupta and John Hegeman will become co-CEOs after the transaction closes.
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