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Bumble shares surge 50% on reported $1B Ithaca Holdings takeover
Nationwide NewsLO·US·about 14 hours ago
Bumble is reportedly in advanced negotiations for an acquisition valuing the company at around $1 billion, per the Wall Street Journal. The deal would represent a significant discount to Bumble's prior market valuation, reflecting its struggles post-IPO. If completed, it would mark a notable private-market takeover of a public dating app company.