Grindr Gets $18-Per-Share Buyout Proposal
Grindr Gets $18-Per-Share Buyout Proposal

Grindr Gets $18-Per-Share Buyout Proposal

News summary

Two of Grindr’s largest shareholders who sit on the board have made a nonbinding, unsolicited proposal to take the company private at $18 per share, valuing the company at about $3.5 billion and representing roughly a 51% premium to the Oct. 10 share price. Grindr has confirmed receipt of the bid, but the offer remains nonbinding and its outcome is uncertain. The stock has been volatile recently (about $12.96 close in mid‑October), prompting debate over whether the premium fairly reflects Grindr’s standalone upside. Supporters point to strong advertising growth (ad revenue up 39% year‑over‑year in Q2), early subscription monetization and rising ARPU potential as drivers of future free cash flow; critics must weigh the immediate cash premium against long‑term growth prospects and valuation metrics. Investors should consider the proposal alongside existing analyst views, insider activity and management incentives when assessing value.

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