November 24, 2024

Programmatic

In a world where nearly everyone is always online, there is no offline.

BuzzFeed Acquires Complex Networks for $300 Million in Latest SPAC

BuzzFeed is the latest digital media business going public via the special purpose acquisition company route, giving the publisher an implied valuation of $ 1.5 billion. BuzzFeed is merging with shell company 890 Fifth Avenue Partners, which holds $ 288 million in cash in its trust account after an IPO earlier this year. As part of the…
Adweek Feed