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Bumble Buzzes Towards $1B Sale
13 Oct
Summary
- Bumble Inc. is reportedly in acquisition talks.
- Ithaca Holdings is the interested investment firm.
- The deal is valued at approximately $1 billion.
Bumble Inc., a well-known dating-app provider, is currently engaged in discussions for a potential sale. Upstart investment firm Ithaca Holdings is reportedly leading the talks, with an offer valued at approximately $1 billion.
Sources familiar with the matter suggest that an agreement could be finalized and announced as early as this week. The ongoing negotiations signify a major potential shift for Bumble within the competitive digital dating landscape.
Disclaimer: This story has been auto-aggregated and auto-summarised by a computer program. This story has not been edited or created by the Feedzop team.
