Ithaca Holdings’ acquisition of Bumble

Update 1 sa 1PinakabagoOkt 13, 10:16 PM UTCAraw 2

Bumble agrees to $1.3 billion sale. A turnaround is another matter.

Ithaca Holdings would take Bumble private and install two co-CEOs. The cash premium is substantial; the recovery—and the closing—remain ahead.

Manood

Pinakamaagang sourceBusiness InsiderAbr 30, 5:10 PM UTC

Ano ang una nating nalaman

• $1.3bnAnnounced transaction value
• 138%Announced premium to unaffected share price
• −16.4%Second-quarter paying users, year over year