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Blackstone prepares Bumble exit after generating 98% IRR

Verifying
  • Blackstone is reportedly preparing to exit its investment in Bumble’s parent company, MagicLab.
  • Bumble shares are down about 96.1% from their 2021 IPO.
  • Blackstone’s remaining 22.4 million shares are worth approximately $66.75 million.
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