Bumble Inc. in discussions for $1 billion privatization
BMBL Bumble Inc
$3.80 +49.61%
View chart & analysis → - 1Bumble Inc. is in deep discussions to go private in a deal worth approximately $1 billion.
- 2Ithaca Holdings has emerged as the acquirer, and an announcement could be made this week.
- 3Bumble Inc. shares surged 57% on Monday.
So what's the key point?
Bumble Inc. is preparing to leave the stock market by being sold to Ithaca Holdings. The stock price jumped 57% following this news.
Source The Wall Street Journal +5 · View original ↗
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