Grindr Shares Soar As Majority Shareholders’ Buyout Offer Values Dating App At $3.5 Billion
Spencer Platt/Getty Image New York-listed shares of Grindr jumped the most in three years after billionaire George Raymond Zage III and James Lu, the company’s majority owners, offered to buyout the minority shareholders in a deal valuing the LGBTQ dating app at $3.5 billion. Grindr shares climbed 18.9% to $15.06 at the close of trading…