Grindr’s Billionaire Shareholder Explores Taking Dating App Private In $3 Billion Deal
Spencer Platt/Getty Image Billionaire George Raymond Zage III and James Lu, majority shareholders of Grindr, have raised $1 billion in preliminary and conditional debt financing as they explore a buyout of the New York-listed firm. The deal would value the LGBTQ dating app at $3 billion. The loan supports the possibility of taking the company…