BuzzFeed Rises After Pulte Takes Activist Stake, Backs Ramaswamy [Yahoo! Finance]
BuzzFeed, Inc. - Class A (BZFD)
Company Research
Source: Yahoo! Finance
(Bloomberg) -- Shares of BuzzFeed Inc. closed higher on Tuesday after the founding family of US homebuilder PulteGroup Inc. disclosed an activist stake in the struggling media company. Most Read from Bloomberg BlackRock Says Gunman From Trump Rally Appeared in Firm's Ad Amazon Sold a Used Diaper. It Tanked a Mom-and-Pop Business From Elon Musk to David Sacks, Silicon Valley's Trump Backers Cheer Vance as VP Pick Trump Shooting Changes Biden's Plan to Revive 2024 Campaign Trump Security Tightened on Iran Plot Intelligence, No Known Link to Rally Shooting The Pulte family threw its weight behind former Republican presidential candidate Vivek Ramaswamy, the online platform's second biggest shareholder, saying that it supported the changes he is seeking from its management. “In our opinion, the current BuzzFeed CEO Jonah Peretti is driving the company into the ground, and when Vivek Ramaswamy gave him a life boat to save his sinking ship, Peretti told him thanks anyway,”
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BZFD
Sec Filings
- 9/17/24 - Form 4
- 9/5/24 - Form 4
- 9/5/24 - Form 4
- BZFD's page on the SEC website