Ithaca Holdings to Acquire Bumble for $1.3 Billion

Key Facts

1Ithaca Holdings agreed to acquire Bumble in an all-cash transaction valued at approximately $1.3 billion.

2The offer price of $6.05 per share represents a significant premium, with BMBL shares rising 56.5% to $5.95.

Ithaca Holdings agreed to acquire Bumble in an all-cash transaction valued at approximately $1.3 billion. According to investinglive.com, the offer price of $6.05 per share confirms plans to take the dating app company private and delist it from public markets.

BMBL shares rose 56.5% to $5.95 following the announcement, trading close to the $6.05 offer price. The stock previously closed at $3.8 on October 12, 2026, with the current surge reflecting a significant premium for shareholders.