Blackstone to Take Majority Stake in MagicLab, Owner of Bumble and Badoo, at $3 Billion Valuation Blackstone (NYSE:BX) announced today that funds managed by Blackstone (“Blackstone”) are taking a majority stake in MagicLab, which builds and operates leading dating and social networking apps, including Bumble and Badoo. The transaction values the company at approximately $3 […]Read More