BFA Law is investigating the announced $6.05 per share merger in which Ithaca Holdco, Inc. is set to acquire Bumble Inc.; current shareholders are notified to contact the firm.

Leading securities law firm Bleichmar Fonti & Auld LLP announces that it is investigating the merger between Ithaca Holdings (Ithaca Holdco, Inc.) and Bumble Inc. (NASDAQ: BMBL). Bumble is incorporated in Delaware.

If you are a current shareholder of Bumble, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/bumble-investigation.

Key Details of the Bumble ($BMBL) Investigation:

• Investigation Overview: Breaches of Fiduciary Duty in connection with the merger under which Ithaca Holdco, Inc. will acquire the public stock of Bumble for $6.05 per share
• Action: Contact BFA Law to discuss your rights

Why is the Bumble Transaction being Investigated?

Bumble, Inc. is a company that is controlled by two majority stockholders—Blackstone Inc. and Bumble’s founder, Whitney Wolfe Herd. Those two stockholders alone control 83.7% of the company’s voting power. Bumble secured stockholder approval for the merger with Ithaca with the written consent of Blackstone and Whitney Wolfe Herd, with no further stockholder vote planned. Bumble’s board of directors reportedly approved the merger on the recommendation of the special committee it formed to evaluate the merger.

As a part of the merger agreement with Ithaca Holdco, Inc., Whitney Wolfe Herd’s stock in Bumble is being allowed to rollover into the post-merger company—meaning she will continue to own stock in the company after the merger closes. The opportunity to rollover shares is not being extended to any other stockholders.

BFA is investigating whether the terms of the merger, including the rollover, comply with Delaware law, including whether the $6.05 per share price is a fair price for the public stockholders’ shares of Bumble stock.

Click here for more information:

https://www.bfalaw.com/cases/bumble-investigation

What Can You Do?

If you are a current holder of Bumble stock, you may have legal options and are encouraged to submit your information to the firm.

All representation is on a contingency fee basis; there is no cost to you. Shareholders are not responsible for any court costs or expenses of litigation. The firm will seek court approval for any potential fees and expenses.

Submit your information by visiting:

https://www.bfalaw.com/cases/bumble-investigation

Or contact:

Adam McCall
adam@bfalaw.com
212.789.3619

Why Bleichmar Fonti & Auld LLP?

BFA is a leading international law firm representing plaintiffs in securities class actions and shareholder litigation. It has been named a top plaintiff law firm by Chambers USA, The Legal 500, and ISS SCAS, and its attorneys have been named “Elite Trial Lawyers” by the National Law Journal, “Litigation Stars” by Benchmark Litigation, among the top “500 Leading Plaintiff Financial Lawyers” by Lawdragon, “Titans of the Plaintiffs’ Bar” by Law360 and “SuperLawyers” by Thomson Reuters.

Most recently, The Legal 500 awarded BFA the most client satisfaction accolades of any plaintiff’s securities litigation law firm, with clients noting: “[t]here is no better service provider in the practice area,” “[t]he interest of the client is always front and center,” and “[t]here isn’t a better firm in this space.” One testimonial described the firm as “nimble and entrepreneurial,” with a “relentless focus on adding value for clients.”

Among its recent notable successes, BFA recovered over $900 million in value from Tesla, Inc.’s Board of Directors, as well as $420 million from Teva Pharmaceutical Ind. Ltd.

For more information about BFA and its attorneys, please visit https://www.bfalaw.com.

https://www.bfalaw.com/cases/bumble-investigation

Attorney advertising. Past results do not guarantee future outcomes.

View source version on businesswire.com: https://www.businesswire.com/news/home/20261013382495/en/

BFA Law is investigating the announced $6.05 per share merger in which Ithaca Holdco, Inc. is set to acquire Bumble Inc.; current shareholders are notified to contact the firm.