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...
Media entrepreneur Byron Allen has finalized a $120 million deal to acquire a 52% controlling stake in BuzzFeed, naming himself CEO and chairman. The...