Bumble Agrees to $1.3 Billion Take-Private Deal as JPMorgan Misses Estimates

Bumble Inc. agreed Tuesday to a $1.3 billion all-cash acquisition by Ithaca Holdings, giving shareholders a $6.05-per-share payment and extending the dating-app operator’s sharp stock rally.

The offer represents a 138% premium to Bumble’s unaffected closing price. The transaction remains subject to closing conditions.

The deal follows Bumble’s 49.61% share-price surge on Monday, when the stock closed at $3.80 after ending Friday at $2.54. Shares rose more than 57% in Tuesday premarket trading after the acquisition announcement.

JPMorgan Chase missed Wall Street estimates for third-quarter earnings and revenue. Its shares nevertheless rose 1.1% after the bank raised its full-year net interest income outlook and posted strong consumer banking performance.

Workday will integrate Anthropic’s Claude artificial intelligence assistant into its human resources and finance workflows. The integration is designed to support data analysis and task execution while maintaining security controls.