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Bumble To Be Acquired By Ithaca For $1.3 Bln In Cash; BMBL Up Nearly 4% In Pre-Market

Source: Nasdaq

M&A & RestructuringCompany Fundamentals

Bumble Inc. said Ithaca Holdings will acquire the dating and social networking company for $1.3 billion in an all-cash transaction. The article provides no details on the transaction terms beyond the price or any market reaction.

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Market Sentiment

Overall Sentiment

mildly positive

Sentiment Score

0.20

Ticker Sentiment

BMBL0.80

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