Ithaca Holdings to Acquire Bumble in All-Cash Deal
Bumble shareholders will receive $6.05 per share, a roughly 138% premium to the stock’s Oct. closing price of $2.54, as the online dating company goes private.
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Bumble shareholders will receive $6.05 per share, a roughly 138% premium to the stock’s Oct. closing price of $2.54, as the online dating company goes private.
Bumble announced a definitive agreement to be acquired by Ithaca Holdings in an all-cash transaction valuing the company at $1.3 billion. The supplied body is truncated before the shareholder terms are complete.
(Updates: Starbucks; Adds: Porta, Bumble, Monte dei Paschi di Siena) Oct 12 (Reuters) — The following bids, mergers, acquisitions and disposals were reported by 2100 GMT on Monday: * Starbucks is not buying Chipotle Mexican Grill, the coffee chain said on Monday, quashing talk of a deal that could have been the largest