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entertainment media/telecom

BuzzFeed Confirms SPAC Merger to Go Public

By
Jessica Toonkel
· · Source: The Information

BuzzFeed confirmed longstanding reports that it will go public via a merger with the special purpose acquisition company 890 Fifth Avenue Partners. As part of the merger, BuzzFeed is acquiring Complex Networks, a digital lifestyle publisher,  as The Information first reported. The combined company will be valued at $1.5 billion, a discount to BuzzFeed’s peak valuation of $1.7 billion. ...

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