BuzzFeed up after selling publisher Complex in a $108.6 mln all-cash deal

BuzzFeed

21/02/2024 22:28

** Shares of digital media firm BuzzFeed  BZFD.O  up 87.6%
at $0.41 in extended trade
    ** Company sells publisher Complex to live-video shopping
app NTWRK in a $108.6 mln all-cash deal
    ** BuzzFeed also says it will implement a 16% workforce
reduction
    ** BuzzFeed shares fell 63.7% in 2023

 (Reporting by Juveria Tabassum in Bengaluru)
 ((Juveria.Tabassum@thomsonreuters.com;))