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Grindr board ends talks on $3.46 billion take-private bid over financing concerns
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Grindr board ends talks on $3.46 billion take-private bid over financing concerns
Nov 24, 2025 6:17 AM

Nov 24 (Reuters) -

Dating app Grindr ( GRND ) said on Monday it has ended talks

on a non-binding proposal from major shareholders to take the

company private for $3.46 billion, citing uncertainty over

financing.

The proposal, from investors Ray Zage and James Lu, who

together control more than 60% of Grindr's ( GRND ) outstanding stock,

lacked clarity on funding commitments, the company said.

"The special committee has been unable to obtain

satisfactory information about definitive financing," the

popular LGBTQIA+ dating platform said in a statement.

The bidders did not immediately respond to Reuters

requests for comment.

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