Ithaca Holdings to Acquire Bumble Inc. in $1.3 Billion All-Cash Deal
Key Facts
Bumble Inc. has agreed to be acquired by Ithaca Holdings in an all-cash transaction valuing the company at approximately $1.3 billion. Business Wire reported that Bumble shareholders will receive $6.05 per share in cash, representing a 138% premium over the closing price on October 9, 2026. The definitive agreement aims to take the company private under Ithaca Holdings, which focuses on long-term technology businesses.
BMBL closed at $3.8 on October 12, 2026, prior to the full market absorption of the acquisition premium. During that session, the stock reached a high of $3.98 and a low of $2.5. The acquisition price of $6.05 per share provides a significant cash exit for shareholders compared to these recent trading levels.