Oct. 24 at 9:03 PM
$GRND Grindr confirms receipt of take-private proposal from Ray Zage, James Lu17:00 Read Less GRND Grindr confirmed that the special committee of its board of directors has received a non-binding, unsolicited take-private proposal from large shareholders Ray Zage and James Lu to acquire Grindr for
$18.00 per share in cash. The proposing shareholders, together with their affiliated entities, currently beneficially own more than 60% of the outstanding shares of the company's common stock.