# Bumble shares more than double to $5.95 on Ithaca takeover > By DII Financial Intelligence Desk | Edited by Bill Alena | Published: 2026-10-19T03:12:38.014283+00:00 | Section: Financial | Source: https://www.datingindustryinsights.com/news/bumble-shares-more-than-double-ithaca-take-private-deal | Publisher: Dating Industry Insights (High Intent Media Inc) Bumble (BMBL) shares rose from $2.54 to $5.95 over 12-13 October, just under Ithaca Holdings' $6.05 cash offer valuing the company at $1.3B. ## Key points - Bumble (BMBL) closed at $5.95 on 13 October 2026, up from $2.54 on 9 October, according to Yahoo Finance, as Ithaca Holdings agreed to acquire it. - Ithaca Holdings is offering $6.05 per Class A share in cash, valuing Bumble at $1.3B and a 138% premium to the 9 October unaffected close, Bumble said. - Affiliates of Blackstone and founder Whitney Wolfe Herd approved the Bumble deal by written consent, so shareholders receive an information statement rather than a vote. - A GuruFocus automated alert dated 18 October said Bumble was near its 52-week high with a $784M market cap; DII has not verified the 52-week claim. ## Article - Bumble (BMBL) closed at $5.95 on 13 October, up from $2.54 on 9 October, according to Yahoo Finance. - Ithaca Holdings is offering $6.05 per Class A share in cash, a deal valuing Bumble at $1.3B. - The offer is a 138% premium to the 9 October unaffected close, the company said. - The merger agreement allows either party to terminate if it has not closed by 12 July 2027. [Bumble](https://www.datingindustryinsights.com/companies/bumble) (BMBL) shares more than doubled over two sessions around the Ithaca Holdings take-private, closing at $5.95 on 13 October against $2.54 on 9 October, according to Yahoo Finance. Ithaca's all-cash offer is $6.05 per Class A share, which the company's press release says values Bumble at $1.3B. A GuruFocus alert dated 18 October said the stock was near its 52-week high, with a market cap of $784M. The alert says it was generated by automated technology, and DII has not verified the 52-week claim. The move itself happened on 12 and 13 October, not 18 October. ### The DII Take A stock sitting 10 cents under the offer says investors expect this deal to complete. The more telling number is the baseline: a 138% premium on a share price that reflected a shrinking business, set against a roughly $14B valuation at the February 2021 IPO, as Bloomberg reported. Shareholders are getting a generous premium on today's price, but an exit far below where Bumble started as a public company. ### Two sessions, one signed deal Yahoo Finance reports that BMBL rose 49.61% on Monday 12 October to $3.80 after reports of advanced talks. It then rose another 56.58% to close at $5.95 on 13 October, just under the $6.05 offer. The company said the premium is about 138% to the 9 October close and about 119% to the 30-day volume-weighted average price. Shareholders will not vote. Affiliates of [Blackstone](https://www.datingindustryinsights.com/companies/blackstone) and founder Whitney Wolfe Herd approved the deal by written consent, and others will receive an information statement. [Law firms are already probing the fairness of the price](https://www.datingindustryinsights.com/news/law-firms-probe-fairness-bumble-6-05-take-private-price). ### The business behind the price Bumble's second-quarter revenue fell 15.2% to $210.5M, according to its results filing. Paying users fell 16.4% to 3.2M, while adjusted EBITDA was $72.9M, a 34.6% margin. [Match Group](https://www.datingindustryinsights.com/companies/match-group) (MTCH) reported total payers down 6% to 13.3M for the same quarter, according to a transcript of its earnings call. > It then rose another 56.58% to close at $5.95 on 13 October, just under the $6.05 offer. ### What to watch Ithaca must deposit a $102M parent termination fee in escrow by 19 October, according to the 8-K. A $29M company termination fee applies in specified circumstances. Bumble will file its Q3 10-Q by 9 November and plans no earnings release or call. - Bumble's stock trading just under the $6.05 offer shows the market expects the Ithaca deal to close, though the merger agreement allows termination if it has not closed by 12 July 2027. - Shareholders get no vote, so the information statement and the fairness probes by law firms are the pressure points. - With no Q3 call planned, the 10-Q due by 9 November is the next look at Bumble's payer trend. **Sources:** [Bumble Inc. to Be Acquired by Ithaca Holdings (Bumble Inc. investor relations)](https://ir.bumble.com/news/news-details/2026/Bumble-Inc--to-Be-Acquired-by-Ithaca-Holdings-the-Long-Term-Holding-Company-for-Enduring-Technology-Businesses/default.aspx); [Bumble Inc. Form 8-K, merger agreement summary (SEC EDGAR)](https://www.sec.gov/Archives/edgar/data/1830043/000095010326015480/dp254907_8k.htm); [Bumble Inc. second quarter 2026 results (SEC EDGAR)](https://www.sec.gov/Archives/edgar/data/0001830043/000183004326000099/bmbl-ex991prxq22026.htm); [Match Group second quarter 2026 results (SEC EDGAR)](https://www.sec.gov/Archives/edgar/data/0000891103/000089110326000128/mtch8-k20260804ex991.htm); [Match Group Q2 2026 earnings call transcript (Motley Fool)](https://www.fool.com/earnings/call-transcripts/2026/08/11/match-group-mtch-q2-2026-earnings-call-transcript/); [What a $1.3 Billion Bumble Deal Says About Where AI Leaves Human Connection (Yahoo Finance)](https://finance.yahoo.com/technology/ai/articles/1-3-billion-bumble-deal-141235903.html); [Bumble to Go Private in $1.3 Billion Deal With Ithaca Holdings (Yahoo Finance, citing Bloomberg)](https://finance.yahoo.com/markets/stocks/articles/bumble-private-1-3-billion-123448331.html); [Bumble (BMBL) Stock Surges Over 100% After $1.3B Acquisition Announcement (GuruFocus)](https://www.gurufocus.com/news/9129043/bumble-bmbl-stock-surges-over-100-after-13b-acquisition-announcement-by-ithaca-holdings) ## Key takeaways - Bumble's stock closing at $5.95 against a $6.05 offer shows investors expect the Ithaca deal to complete, though the merger agreement allows termination if it has not closed by 12 July 2027. - Bumble shareholders get no vote on the Ithaca deal, so the information statement and law-firm fairness probes are the main pressure points on the $6.05 price. - With no Q3 earnings call planned by Bumble, the 10-Q due by 9 November is the next public read on its payer trend, after a 16.4% Q2 decline. ## FAQ ### How much did Bumble stock rise after the Ithaca deal? According to Yahoo Finance, Bumble (BMBL) rose from $2.54 on 9 October 2026 to $5.95 on 13 October, more than doubling over two sessions. ### What is Ithaca Holdings paying for Bumble? Ithaca Holdings is offering $6.05 per Class A share in cash, valuing Bumble at $1.3B. Bumble says that is a 138% premium to the 9 October 2026 unaffected close. ### When will the Bumble take-private close? Bumble has not given a closing date. The merger agreement lets either party terminate if the deal has not closed by 12 July 2027. --- Canonical: https://www.datingindustryinsights.com/news/bumble-shares-more-than-double-ithaca-take-private-deal Citation: "Dating Industry Insights" (https://www.datingindustryinsights.com)