BuzzFeed Valued at $1.5 Billion in SPAC Deal to Go Public, Will Acquire Complex Networks for $300 Million

BuzzFeed is going public in a deal with a special purpose acquisition company (SPAC), which will give the digital media company an implied valuation of $1.5 billion once the pact closes, the company announced. BuzzFeed will become a publicly traded company through a merger with 890 Fifth Avenue Partners, a SPAC that holds $288 million in cash in its trust […]

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