Bumble stock soars as the embattled dating app strikes deal to go private. Here’s how it got here

Bumble has spent the past few years trying everything from a new CEO to AI-powered matches. Now, the embattled dating app company is making another big move: going private. Ithaca Holdings, a new firm run by former tech executives, is acquiring Bumble for $1.3 billion, the latter announced on Tuesday. Bumble’s board unanimously voted in favor of the deal, with founder and CEO Whitney Wolfe Herd recusing herself from the decision. News of a potential deal was first reported b...