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Bumble shares surge 50% on reported $1B Ithaca Holdings takeover
Nationwide NewsLO·US·1 day ago
Bumble's stock jumped after a report that the dating app is in talks for a $1bn acquisition, pushing its market cap to over $580m—still far below its $14bn peak. The deal, if confirmed, would represent a significant devaluation and a potential exit for investors. Uncertainty remains as talks are preliminary and unconfirmed.