Grindr Shares Soar As Majority Shareholders’ Buyout Offer Values Dating App At $3.5 Billion

ForbesSaturday, October 25, 2025 at 2:59:46 AM
Grindr Shares Soar As Majority Shareholders’ Buyout Offer Values Dating App At $3.5 Billion
Grindr's shares have surged following a buyout offer valuing the dating app at an impressive $3.5 billion from majority shareholders George Raymond Zage III and James Lu, who hold 64% of the company. This comes despite a challenging year for Grindr, where shares had previously declined, even as the company reported improved net profits. This development is significant as it highlights investor confidence in Grindr's potential and could lead to new opportunities for growth and innovation in the dating app market.
— Curated by the World Pulse Now AI Editorial System

Was this article worth reading? Share it

Recommended Readings
Grindr shareholders offer to take dating app private for $3.46 billion
PositiveFinancial Markets
Grindr shareholders have proposed a deal to take the popular dating app private for $3.46 billion, a move that could reshape its future and enhance its growth potential. This acquisition reflects confidence in Grindr's business model and its ability to thrive in the competitive dating market. If successful, this transition could lead to new features and improvements that benefit users, making it an exciting time for the app's community.
Grindr stock rises after confirming receipt of $18 per share take-private offer
PositiveFinancial Markets
Grindr's stock has seen a significant rise following the announcement of an $18 per share take-private offer. This development is important as it reflects investor confidence in the company's future and could lead to a more focused strategy away from public market pressures. The offer indicates a potential shift in how Grindr operates, which may enhance its ability to innovate and serve its user base more effectively.
Grindr confirms $18 per share take-private offer from major shareholders
PositiveFinancial Markets
Grindr has confirmed an $18 per share take-private offer from major shareholders, marking a significant move for the popular dating app. This acquisition could lead to new opportunities for growth and innovation, as private ownership often allows for more strategic decision-making without the pressures of public markets. For users and investors alike, this development is noteworthy as it may reshape the future of the platform.
Grindr Gets Buyout Offer Valuing Company at Nearly $3.5 Billion
PositiveFinancial Markets
Grindr has received a buyout offer from two prominent investors, valuing the company at nearly $3.5 billion. They propose to take Grindr private by acquiring the remaining outstanding shares at $18 each. This move could significantly impact the company's future direction and operations, highlighting the growing interest in digital platforms and their potential for profitability.
Grindr Gets Buyout Offer Valuing Company at Nearly $3.5 Billion
PositiveFinancial Markets
Grindr has received a buyout offer that values the company at nearly $3.5 billion, with two major investors proposing to take it private by acquiring outstanding shares at $18 each. This move is significant as it highlights the growing interest in the dating app market and could lead to new developments and enhancements for users, making it an exciting time for both the company and its community.
Majority Grindr shareholders submit $18 per share buyout offer
PositiveFinancial Markets
In a significant move, the majority of Grindr's shareholders have submitted a buyout offer of $18 per share. This proposal highlights the confidence investors have in the company's future and could lead to a transformative phase for Grindr. If successful, this buyout could enhance shareholder value and potentially reshape the company's strategic direction, making it an important development in the tech and social networking landscape.
Grindr stock soars after receiving $18 per share buyout proposal
PositiveFinancial Markets
Grindr's stock has seen a significant surge following an $18 per share buyout proposal, indicating strong investor interest and confidence in the company's future. This development is crucial as it highlights the potential for substantial returns for shareholders and reflects the growing market value of Grindr, a leading dating app for the LGBTQ+ community.
Latest from Financial Markets
ECB’s Escrivá Says Current Level of Rates Is Appropriate
PositiveFinancial Markets
José Luis Escrivá, a member of the European Central Bank's Governing Council, expressed satisfaction with the current borrowing cost levels. This is significant as it indicates stability in monetary policy, which can foster economic confidence and growth in the Eurozone.
Troubled beer brand and brewery files Chapter 11 bankruptcy
NegativeFinancial Markets
The craft beer industry is experiencing a tough time, with a notable brewery filing for Chapter 11 bankruptcy amid a downturn that has led many others to close permanently. This situation highlights the broader economic challenges facing the sector, as evidenced by lower attendance at key events like the Craft Brewers Conference. It's a wake-up call for the industry, emphasizing the need for innovation and adaptation to survive.
Hard-left candidate secures landslide in Irish presidential election
PositiveFinancial Markets
Catherine Connolly has achieved a remarkable victory in the Irish presidential election, marking a significant shift in the political landscape. Her triumph is particularly noteworthy given the unprecedented number of spoilt ballots, which highlights the challenges faced by voters. This election matters because it reflects a growing desire for change among the electorate, signaling a potential new direction for Ireland's future.
June Lockhart, ‘Lost In Space’ And ‘Lassie’ Actress Dies at 100
NegativeFinancial Markets
June Lockhart, the beloved actress known for her roles in 'Lost In Space' and 'Lassie', has passed away at the age of 100. Her remarkable career spanned nearly nine decades, making her a cherished figure in the entertainment industry. Lockhart's contributions to film, stage, and television have left a lasting impact, and her legacy will continue to inspire future generations of actors and fans alike.
‘A House Of Dynamite’ Explosive Ending Explained—Did The Missile Hit Chicago?
PositiveFinancial Markets
Netflix's latest thriller, 'A House of Dynamite,' has captivated audiences with its intense storyline about a race against time to prevent a nuclear strike. The shocking ending leaves viewers questioning whether the missile actually hit Chicago, sparking discussions about the implications of such a scenario. This gripping narrative not only entertains but also raises awareness about the real-world stakes of nuclear threats, making it a significant watch for fans of the genre.
Canada-U.S. Tensions Stay on Baseball Field During Blue Jays-Dodgers World Series
NeutralFinancial Markets
The recent World Series matchup between the Toronto Blue Jays and the Los Angeles Dodgers has highlighted the ongoing tensions between Canada and the U.S., but on the baseball field, the focus remains on the game. This series not only showcases top-tier talent but also serves as a reminder of the friendly rivalry that can exist between the two nations. Fans from both sides are coming together to celebrate the sport, making it a significant event that transcends borders.