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Benzinga
Benzinga
Business
Anthony Noto

Deal Dispatch: Grindr Chats With A Suitor, Too Faced Is For Sale And Other Major M&A Updates

Grindr Deal Dispatch Too Faced JPM JPMorgan JPMorgan Chase NYSE Bar Louie BBVA Coterie
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New On The Block

  • Raymond Zage and James Lu, the 60% stakeholders of Grindr, want to take the dating app private. Semafor states that the pair is in talks with Fortress Investment Group for debt financing to acquire Grindr, potentially at around $15 per share. That’s an estimated $3 billion valuation.
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