Get all your news in one place.
100's of premium titles.
One app.
Start reading
Barchart
Barchart
Wajeeh Khan

YOU WONT BELIEVE: Buzzfeed skyrockets on byron allen takeover what comes next for bzfd stock | Mind Blowing Facts

BuzzFeed (BZFD) stock more than doubled on Tuesday after media mogul Byron Allen’s family office agreed to acquire a 52% majority stake in the news and entertainment company. 

The $120 million lifeline comes at a critical juncture, with Allen set to replace founder Jonah Peretti as chief executive by the end of May. 

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.