---
title: "Bumble To Be Acquired By Ithaca For $1.3 Bln In Cash; BMBL Up Nearly 4% In Pre-Market"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/301715682.md"
description: "Bumble Inc. agreed to be acquired by Ithaca Holdings for $1.3 billion in an all-cash deal. Shareholders will receive $6.05 per Class A share, representing significant premiums over recent trading prices. Post-acquisition, Bumble will become a privately held company based in Austin, with Ithaca Co-CEOs Ravi Gupta and John Hegeman taking over as Co-CEOs. The news caused BMBL stock to rise nearly 4% in pre-market trading."
datetime: "2026-10-13T12:55:53.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/301715682.md)
  - [en](https://longbridge.com/en/news/301715682.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/301715682.md)
generator: "portal-rs"
---

# Bumble To Be Acquired By Ithaca For $1.3 Bln In Cash; BMBL Up Nearly 4% In Pre-Market

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Bumble Inc. (BMBL), a dating and social networking application, said on Tuesday that it has inked a deal through which Ithaca Holdings will buy Bumble for $1.3 billion in an all-cash transaction.

Under the terms, BMBL shareholders will receive $6.05 per share for class A share, representing around a 138% premium to the unaffected closing BMBL share price on October 9, and a premium of approximately 119% to the 30-day volume weighted average price of BMBL as of October 9.

Post transaction, Bumble will operate as a privately-held company with offices in London and New York City and is expected to remain based in Austin. Ithaca Co-CEOs, Ravi Gupta and John Hegeman, will become Co-CEOs of Bumble. 

BMBL was up by 3.94% at $3.949 in the pre-market trade on the Nasdaq. 

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**