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Cranberry Journal

Wednesday, October 14, 2026

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Markets
  • S&P 5007,733.14−0.93%
  • Nasdaq26,837.22−1.35%
  • Dow51,607.16−0.12%
  • 10-yr yield5.25%+0.61%
  • Crude$94.84+0.74%
At the close · Oct 14

Blackstone

Tagged stories

A hand holds a smartphone whose screen shows a pink heart pierced by an arrow, against a green textured fabric.
Business

Bumble Agreed to a $1.3 Billion Cash Buyout at $6.05 a Share, a 138 Per Cent Premium. Its Public Shareholders Will Not Get a Vote.

Bumble said on Tuesday 13 October that it will be acquired by Ithaca Holdings for $6.05 a share in cash, a deal it values at $1.3 billion. The price is about 138 per cent above the stock's close on 9 October. Affiliates of Blackstone and founder Whitney Wolfe Herd approved the deal by written consent after it was signed, so public shareholders will not vote; regulatory approvals are still required.

By Alison Acosta  

Publishers' stands and visitors beneath the arched glass roof of a large exhibition hall.
Business

Informa Is Paying £2.24 Billion for More Trade Shows. It Plans to Separate the Academic Publisher It Has Owned Since 2004.

Informa, the London-listed events and publishing group, agreed on Tuesday to buy Clarion Events from Blackstone for an enterprise value of £2.24 billion, and launched a process to separate Taylor & Francis, its academic publisher. It raised about £940 million by selling new shares at 860p and paused its share buyback to pay for the deal.

By Cory Chamberlain