Bumble in Advanced Talks to Go Private at Roughly $1 Billion Valuation
Bumble is in advanced talks to be taken private by Ithaca Holdings at a valuation of roughly $1 billion, Bumble shares rose around 21% in afternoon trading.
Bumble (BMBL) is in advanced discussions to be taken private by Ithaca Holdings in a transaction valuing the dating-app operator at roughly 1 billion, a source familiar with the matter told Reuters on Monday. Bumble shares rose around 21% in afternoon trading.