Deals
Bumble Agrees To $6.05-A-Share Take-Private Deal As Paying Users Keep Falling
The dating-app company's all-cash sale to Ithaca Holdco is valued at about $1.3 billion, with a $29.0 million termination fee in play.
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Bumble (BMBL) news from Bullished: SEC filings, earnings, insider trades and deals, explained in plain English with links to the source documents.
SEC Filings
Glazer Capital Reports 7.1% Passive Bumble Stake, 9,427,481 Shares, Ahead Of $6.05-A-Share Buyout
Glazer Capital's passive ownership filing lists 7.1% of Bumble while the all-cash sale to Ithaca Holdings, at $6.05 a share, is pending.
SEC Filings
Hilary Shane Reports 5.1% Passive Stake In Bumble, Most Of It Held Through ODS Capital
A joint Schedule 13G covers 6,810,089 Bumble shares across an LLC, two trusts and an IRA, with a no-control certification.
SEC Filings
Bumble Founder Wolfe Herd To Keep Half Her Class A Stake In $6.05-A-Share Take-Private
A Schedule 13D amendment shows Whitney Wolfe Herd will swap at least 10,900,000 shares for buyer equity and take cash for the rest.
Insider Trades
Bumble CEO Whitney Wolfe Herd Converts 21.2 Million Partnership Units to Stock
The joint filing, made Wednesday, covers a Monday conversion and leaves 22,660,195 Class A shares reported, mostly held indirectly.
SEC Filings
Blackstone And Bumble's Founder Sign Off On $6.05-A-Share Ithaca Deal, Skipping A Shareholder Vote
Blackstone's 12% holder group and Whitney Wolfe Herd approved Bumble's cash sale by written consent on October 12.
Deals
Bumble Agrees To $6.05 A Share Cash Buyout From Ithaca, A 138% Premium
The $1.3 billion deal has majority-holder approval by written consent, so no shareholder vote is needed.