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From The Tribune

Center Owned by The Tribune Trust

Bumble to go private in USD 1.3 billion deal as online dating industry faces reset

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Dating app operator Bumble Inc. will be acquired by Ithaca Holdings in an all-cash deal valuing the company at USD 1.3 billion, as the platform looks to rebuild its business amid declining paying users and prolonged revenue pressure.

✦ Single Source 1 news outlet reporting

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