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Bumble to go private in $1.3 billion deal, valued at $6.05 per share
Bumble (BMBL) shares were halted on news that Ithaca is taking the company private for $1.3 billion, at a deal price of $6.05 per share. Bumble founder Whitney Wolfe Herd stated she would “remain actively involved with Bumble” after the deal, which marks a significant change for the company that was valued at $14 billion when it went public.
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