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Bumble Shares Jump 50% On Reports Of $1 Bln Takeover Talks
Source: Nasdaq
M&A & RestructuringCompany Fundamentals
Bumble shares rose nearly 50% on Monday and closed at $3.80 after reports that Ithaca Holdings was in advanced talks to take the dating-app operator private in a deal valued at about $1 billion. The reported transaction remains under discussion; no deal completion was reported.
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