Grindr Walks Away from $3.5B Buyout Deal Over Financing Concerns
Dating app Grindr ends take-private negotiations with major shareholders Ray Zage and James Lu, citing unclear financing for the $18/share deal valued at $3.46 billion.
Dating app Grindr ends take-private negotiations with major shareholders Ray Zage and James Lu, citing unclear financing for the $18/share deal valued at $3.46 billion.
Grindr beats Q3 estimates with 30% revenue growth and 17% increase in paying users, maintaining strong performance as majority investors propose $3.5B take-private deal.
Grindr's majority shareholders propose $18 per share buyout to take the dating app private. 51% premium offer targets Q1 2026 closing.