On October 13, 2026, Bumble announced that it entered into a definitive agreement to be acquired by Ithaca Holdings in an all-cash transaction valuing the company at $1.3 billion. Under the terms of the agreement, Bumble common shareholders will receive cash consideration of $6.05 per share of Class A common stock, representing an approximately 138 percent premium to the unaffected closing share price on October 9, 2026, and a premium of approximately 119 percent to the 30-day volume weighted average price as of October 9, 2026. Wilson Sonsini Goodrich & Rosati advised Morgan Stanley, who acted as financial advisor to the Special Committee of Bumble's Board of Directors.

The Wilson Sonsini team that advised Morgan Stanley included Doug Schnell, Marty Korman, Nikki Smith Howard, and Hayden Smith.

For more information, please see Bumble’s press release. Additional coverage can be found on Reuters.