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The latest private-equity news, distilled by AI into sharp ~100-word summaries. ByteBrief tracks private-equity across dozens of tech sources and brings you only what matters, updated hourly. Tap any story for the full brief, or open the original source.
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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