Watching Dating App Stocks; Shares See Volume To The Upside After WSJ Reports 'Bumble In Advanced Talks To Go Private'

Deal Dispatch: Ithaca Holdings Buys Bumble for $1.3B, The Knot Acquires Zola, Character.ai Bankruptcy

Major M&A deals this week include Workday buys C1.ai, AKAM acquires Matthew Adam Properties, Getty Images considers bankruptcy.

BRODSKY & SMITH SHAREHOLDER UPDATE: Notifying Investors of the Following Investigations: Varonis Systems, Inc. (Nasdaq – VRNS), CCC Intelligent Solutions Holdings Inc. (Nasdaq – CCC), Bumble Inc. (Nasdaq – BMBL), Penske Automotive Group, Inc. (NYSE – PAG)

Brodsky & Smith law firm announced investigations into four major merger transactions, examining whether the boards of Varonis Systems, CCC Intelligent Solutions, Bumble Inc., and Penske Automotive Group breached fiduciary duties by failing to conduct fair processes and potentially underpaying shareholders. The firm is seeking shareholders to discuss potential class action lawsuits.

UBS Maintains Neutral on Bumble, Raises Price Target to $6.05

UBS analyst Stephen Ju maintains Bumble (NASDAQ:BMBL) with a Neutral and raises the price target from $3 to $6.05.

Why Are Bumble Shares Surging On Tuesday?

Bumble agreed to a $1.3 billion all-cash acquisition by Ithaca Holdings, offering shareholders $6.05 per Class A share and a 138% premium.

Grindr shares are trading lower after the company announced it will acquire PurposeMed.

8-K filing — Grindr Inc. (GRND)

Filed: 2026-09-30 AccNo: 0001820144-26-000033 Size: 4 MB Item 2.01: Completion of Acquisition or Disposition of Assets Item 3.02: Unregistered Sales of Equity Securities Item 7.01: Regulation FD Disclosure Item 9.01: Financial Statements and Exhibits