Grindr Completes Acquisition of Freddie

Grindr completed its acquisition of PurposeMed Inc., parent company of Freddie, for $250M: $190M in cash and $60M in Grindr stock. Up to $70M in additional cash is tied to 2027 performance targets and payable in 2028.Material DetailsContext by AI AnalystThis completes the acquisition Grindr announc…