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Bumble to go private in $1.3B takeover by Ithaca Holdings with 138% premium to share price

Company Fundamentals
13 Oct 2026
Proactive Investors
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Bullish
Bumble to go private in $1.3B takeover by Ithaca Holdings with 138% premium to share price

Bumble Inc, the dating app company, agreed to a $1.3 billion takeover by Ithaca Holdings, taking the company private. Shareholders will receive $6.05 per share in cash, a 138% premium over the closing price before the deal announcement. Bumble will continue operating from Austin, Texas, and keep offices in London and New York. The deal, approved by Bumble’s board and shareholders, includes leadership continuity with Ithaca’s co-CEOs joining Bumble alongside founder Whitney Wolfe Herd. Bumble will stop public earnings calls but plans to file quarterly reports as a private company.

Bumble Inc shares surged by 56.32% to USD 5.94 on Pluang as of Oct 13, 2026, 23:02 WIB, reflecting strong market reaction to the $1.3 billion Ithaca Holdings takeover. The company's market cap on Pluang stands at $500.82 million, indicating significant investor interest. Typical hold time for Bumble shares on Pluang is 94 days, showing moderate investor engagement.

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