Bumble to Be Acquired by Ithaca Holdings for $1.3B in Cash at $6.05/Share
BMBL has more than doubled off its 52-week low of $2.44 on elevated volume (14× avg).
Summary
Bumble agreed to be acquired by Ithaca Holdings for $6.05 per share in cash, a $1.3 billion take-private deal representing a 138% premium to the unaffected share price. Blackstone's forward transactions terminated on October 13, 2026, with a final settlement price of $3.5923 per share and 2,763,510 pledged shares released and delivered to the dealer.
Updated with an SEC SCHEDULE 13D/A filing · What changed
Updates
· SEC SCHEDULE 13D/A — Founder Whitney Wolfe Herd and Beehive Holdings III, LP entered a Rollover Agreement on October 12, 2026, to transfer at least 10,900,000 Class A shares, valued at $65,945,000, to Oak Topco, Inc. for common stock.
· SEC SCHEDULE 13D/A — Blackstone's forward transactions terminated on October 13, 2026, with a final settlement price of $3.5923 per share; 2,763,510 pledged shares were released and delivered to the dealer.
Key Events · M&A and Partnerships · BMBL
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New · · SEC SCHEDULE 13D/A
Blackstone Forward Transactions Terminated
Blackstone's forward transactions terminated on October 13, 2026, with a final settlement price of $3.5923 per share. 2,763,510 pledged shares were released and delivered to the dealer.
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Definitive Merger Agreement Signed
Bumble entered into a definitive agreement on October 12, 2026 to be acquired by Ithaca Holdings in an all-cash transaction valuing the company at $1.3 billion.
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$6.05 Per Share Cash Consideration
Class A shareholders will receive $6.05 per share in cash, a 138% premium to the unaffected closing price on October 9, 2026 and a 119% premium to the 30-day VWAP.
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Shareholder Approval Already Obtained
Blackstone affiliates and founder Whitney Wolfe Herd delivered written consents approving the merger, satisfying the stockholder approval condition. No further shareholder vote is required.
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Termination Fee Structure
The agreement includes a $29 million Company Termination Fee and a $102 million Parent Termination Fee, which must be deposited into escrow by October 19, 2026.
Analysis · BMBL · Technology
Bumble has entered into a definitive agreement to be acquired by Ithaca Holdings in an all-cash transaction valuing the company at $1.3 billion. Class A shareholders will receive $6.05 per share, a 138% premium to the unaffected closing price on October 9, 2026. The deal was unanimously approved by a special committee of independent directors and the full board, with founder Whitney Wolfe Herd recusing herself. Shareholder approval has already been obtained via written consent from Blackstone affiliates and Wolfe Herd. The transaction is expected to close by July 12, 2027, subject to HSR clearance and other customary conditions. Blackstone's forward transactions terminated on October 13, 2026, with a final settlement price of $3.5923 per share; 2,763,510 pledged shares were released and delivered to the dealer. This is a thesis-altering event: Bumble will go private, and public shareholders will be cashed out at a substantial premium.
At the time of this filing, BMBL was trading at $5.98 on NASDAQ in the Technology sector, with a market capitalization of approximately $501.5M. The 52-week trading range was $2.44 to $5.96. This filing was assessed with positive market sentiment and an importance score of 10 out of 10.