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Stock impact report

STORY3 Capital Makes Significant New Investment in Bumble [Yahoo! Finance]

Bumble Inc. - common stock (BMBL) 
Company Research Source: Yahoo! Finance
secured term loan facility for Bumble Inc. ("Bumble"), the leading operator of online dating and people connection focused apps including Bumble, Badoo and BFF. Proceeds of the term loan and balance sheet cash were used to refinance Bumble's existing term loan. STORY3 is a leading alternative investment manager that employs a flexible investment strategy and pairs deep industry expertise, operating support, and unique transactional experience to support value creation for its partners. Peter Comisar, Founder and Managing Partner of STORY3 and former Goldman Sachs Partner, stated, "Bumble has garnered uniquely strong and authentic relationships with its large user base through compelling competitive differentiation anchored in innovative product technology, network scale, distinguished brand name and female focus. We are honored to serve as a trusted partner to the Company's CEO and founder, Whitney Wolfe Herd, and the broader Bumble team. This investment highlights our long track Show less Read more
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