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Ithaca Holdings’ acquisition of Bumble

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    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.

    Tazama

    Business Insider

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

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Wanaohusika

Wanaohusika

Watu

  • Lidiane JonesCEO of Slack
  • Whitney Wolfe HerdAmerican businesswoman

Mashirika

  • Blackstone Inc.American alternative investment company
  • Bumble Inc.subsidiary by Blackstone

Maeneo

  • Austin