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.
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Bumble Confirms To Be Taken Private By Ithaca Holdings For $6.05/Share In Cash At An EV Of $1.3B
Under the terms of the agreement, Bumble common shareholders will receive cash consideration of $6.05 per share of Class A Common Stock, representing an approximately 138% premium to the unaffected closing share price
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