Grindr up after majority shareholders withdraw take-private offer
ReutersNov 26, 2025 3:20 PM
Shares of dating application Grindr GRND.N up 2.8% to $12.96
Co's majority shareholders Ray Zage and James Lu withdraw their $3.46 bln offer to take GRND private
GRND said on Monday it has ended talks on the take-private offer, citing uncertainty around financing for the proposal
The proposing shareholders say they secured significant expressions of interest, in multiple cases unsolicited, to participate in acquisition financing
Up to last close, stock had fallen ~29% this year
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