Bumble Stock Jumps as Dating App Nears $1 Billion Take-Private Deal
Bumble is in advanced talks to go private in a roughly $1 billion deal with Ithaca Holdings, The Wall Street Journal reported.
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Why It Matters
Bumble, a dating app company, is getting bought by another company. When a public company goes private, it stops trading on the stock market and operates differently.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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