Mergers & AcquisitionsMediumUpdated•Originally published 13 October 2026•Updated 13 October 2026•
1 min read
Bumble Stock Surges 56.7% on $1.3 Billion All-Cash Acquisition Deal
Key Facts
1Bumble agreed to an all-cash acquisition by Ithaca Holdings.
2The transaction values Bumble at $1.3 billion, offering shareholders $6.05 per share.
3Bumble shares surged 56.7% in response to the acquisition news.
Bumble Inc. agreed to an all-cash acquisition by Ithaca Holdings in a deal valued at approximately $1.3 billion. Reuters reported that shareholders will receive $6.05 per share under the terms of the definitive agreement. The offer price represents a 138% premium over Bumble's recent closing stock price, causing BMBL shares to surge 56.7% as the market reacted to the deal terms.
BMBL closed at $3.8 on October 12, 2026, prior to the announcement, with the session seeing a trading range between a low of $2.5 and a high of $3.98. The $6.05 per share offer marks a major transition for the dating app provider toward private ownership, representing a substantial increase over its closing levels recorded in October.