Benzinga

JANUARY 25, 2024

BuzzFeed Inc (NASDAQ: BZFD ) and Vice Media are reportedly set to undergo further downsizing as they grapple with financial challenges these digital media companies faced that soared to high valuations nearly a decade ago. Buzzfeed, once valued at $1.7 Full story available on Benzinga.com

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Law 360 M&A

MARCH 30, 2023

BuzzFeed Media Enterprises Inc. has once again sued 91 current and former employees in Delaware's Chancery Court to stop them from taking a stock conversion dispute to the American Arbitration Association, a déjà vu complaint that comes less than a year after parent company BuzzFeed Inc.

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Law 360 M&A

APRIL 3, 2023

In Delaware's Court of Chancery last week, Mars Wrigley unwrapped a not-so-sweet lawsuit against a marketing partner, BuzzFeed republished an old case against former employees, and global cosmetics company Coty Inc. made up with shareholders.

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Marketability 40

Law 360 M&A

JULY 26, 2022

Digital media company BuzzFeed Inc. insisted Tuesday that it isn't bound by employment agreements to arbitrate a stock-related dispute with 91 current and former staffers and urged Delaware Chancery Court to declare that state the proper forum.

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NYT M&A

OCTOBER 27, 2023

BuzzFeed is negotiating a sale of much of Complex Networks for under $140 million, less than half of what it paid to acquire it two years ago.

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Mergers & Acquisitions 132