# Ithaca Holdings to Acquire Bumble in $1.3 Billion All-Cash Buyout Deal

- URL: https://stocks.freetheai.org/news/ithaca-holdings-to-acquire-bumble-in-1-3-billion-all-cash-buyout-deal-0e8c54
- Published: 2026-10-13T12:24:00Z
- Category: mergers; sentiment: bullish; impact: high
- Symbols: [NASDAQ:BMBL](https://stocks.freetheai.org/symbols/NASDAQ-BMBL)
- Written by our AI from expert market sources across the web for FreeTheAI Stocks, built by Vibhek Soni
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Bumble Inc. (BMBL) has agreed to be acquired by Ithaca Holdings in an all-cash transaction valued at approximately $1.3 billion. Under the terms of the deal, shareholders will receive $6.05 per share in cash, representing a premium of about 138% over the stock's closing price on October 9, 2026. The transaction will result in Bumble becoming a private company.

The acquisition offers a clear cash payout for investors following a strategic review. Required shareholder approval has already been secured through written consent, substantially lowering the execution risk typical of public buyouts. Upon completion of the merger, leadership will transition to new Co-CEOs to guide the company's future strategic direction outside public markets.

Investors should monitor the remaining customary closing conditions and regulatory approvals required to finalize the transaction. Key factors to track include the expected closing timeline, any potential changes to terms, or any competing bids that could emerge before the acquisition is finalized.

## Key points

- Ithaca Holdings will acquire Bumble Inc. in an all-cash deal valued at $1.3 billion.
- Shareholders will receive $6.05 per share, representing a roughly 138% premium over the October 9, 2026 closing price.
- Required shareholder approval has already been obtained via written consent, and Bumble will become a private company.
- The company plans to transition to new Co-CEOs once the transaction officially closes.

## Questions and answers

### How much is Ithaca Holdings paying to acquire Bumble?

Ithaca Holdings is acquiring Bumble Inc. in an all-cash deal valued at $1.3 billion, paying shareholders $6.05 per share.

### Is Bumble Inc. going private after the acquisition?

Yes, Bumble will become a private company once the buyout by Ithaca Holdings is completed.

### Have Bumble shareholders approved the deal with Ithaca Holdings?

Yes, the required shareholder approval for the acquisition has already been obtained through written consent.