It still creates financial turmoil for Grindr, especially given that it was considering an IPO. The IPO would have been a financial windfall for many employees,

It still creates financial turmoil for Grindr, especially given that it was considering an IPO. The IPO would have been a financial windfall for many employees, whereas an acquisition may mean no immediate liquidity for those employees' shares and may have less desirable terms (because it's forced and has to be completed by some deadline). This may hurt morale.