Byron Allen Acquires Controlling Stake in BuzzFeed: $120M Deal Drives Stock to Surge Over 100%
BuzzFeed Inc, once valued at nearly $1 billion, is selling a controlling stake to Allen Family Digital for $120 million. The deal, which values BuzzFe...
BuzzFeed Inc, once valued at nearly $1 billion, is selling a controlling stake to Allen Family Digital for $120 million. The deal, which values BuzzFe...
Byron Allen is set to acquire a majority stake in BuzzFeed for $120 million and assume the role of CEO. The deal, expected to close by May 2026, will...