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Dating App Bumble Said to Near $1 Billion Sale to Ithaca

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Dating App Bumble Said to Near $1 Billion Sale to Ithaca Dating-app provider Bumble Inc. is in talks to be sold to upstart investment firm Ithaca Holdings for around $1 billion, according to people familiar with the matter. A deal could be announced as soon as this week, said the person, who asked to not be identified because the details aren’t public. No final decision has been made and the talks could fall through or timing could change, the person added.

Dating App Bumble Said to Near $1 Billion Sale to Ithaca Dating-app provider Bumble Inc. is in talks to be sold to upstart investment firm Ithaca Holdings for around $1 billion, according to people familiar with the matter. A deal could be announced as soon as this week, said the person, who asked to not be identified because the details aren’t public. No final decision has been made and the talks could fall through or timing could change, the person added.
Ithaca Dating (LOCATION) Bumble Inc. (ORG) Ithaca Holdings (ORG)
Originally published by Bloomberg Markets Read original →