Bumble agrees to $1.3 billion all-cash sale to Ithaca Holdings for $6.05 a share

Bitget2026/10/13 12:24

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Ithaca Holdings agreed to buy Bumble for USD 1.3 billion in cash.
Common shareholders will receive USD 6.05 per share of Class A common stock.
Offer implies a 138% premium to the unaffected close on Oct. 9, 2026; 119% to the 30-day VWAP.
Bumble is expected to operate as a privately held company, remaining based in Austin with offices in London, Austin, New York.
Ithaca co-CEOs Ravi Gupta and John Hegeman are set to become co-CEOs of Bumble upon closing.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Bumble Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 202610130824BIZWIRE_USPR_____20261013_BW006131) on October 13, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Bumble agrees to $1.3 billion all-cash sale to Ithaca Holdings for $6.05 a share

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