Bumble to be Acquired by Ithaca Holdings for $1.3 Billion

08:33 AM EDT, 10/13/2026 (MT Newswires) -- Bumble (BMBL) said Tuesday it has entered into a definitive agreement to be acquired by Ithaca Holdings in an all-cash deal valuing the dating app at $1.3 billion. Under the terms of the agreement, Bumble shareholders will receive $6.05 per share of Class A common stock, representing a premium of about 138% to the unaffected closing price of its shares on Oct. 9. Once the transaction closes, Ithaca's co-chief executives, Ravi Gupta and John Hegeman, will become co-CEOs of Bumble, the company said.