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Bumble Stock Rises Amid Buyout Talks | Markets & Money News
Bumble's stock rose by 21% following reports of advanced talks for a $1 billion buyout by Ithaca Holdings, backed by notable Silicon Valley figures. This acquisition would represent a premium of nearly 200% over Bumble's current market value of $335 million, a significant rebound considering its shares have plummeted over 90% since its 2021 IPO. Founder Whitney Wolfe Herd is expected to retain a stake and remain involved, which could be pivotal for Bumble's future if the deal materializes this
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