Skip to content
Subscriber Only

BuzzFeed to Go Public in SPAC Deal Valuing It at $1.5 Billion

  • Digital-media company also acquiring Complex for $300 million
  • Valuation of BuzzFeed falls slightly from recent transactions

BuzzFeed Inc., the digital-media outlet, has struck a deal to go public through a merger with blank-check company 890 5th Avenue Partners Inc.

The deal values BuzzFeed at $1.5 billion, according to a statement Thursday.