entertainment mogul byron allen - Trendinginfo.blog

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Entertainment mogul Byron Allen to acquire Buzzfeed, HuffPost

Ravi Singh3 days ago03 mins

Digital entertainment company BuzzFeed Inc. is selling its majority stake to Los Angeles entertainment mogul Byron Allen for $120 million. BuzzFeed announced the sale late Monday, saying Allen Family Digital had agreed to pay $3 apiece for 40 million shares, representing a 52% stake in the company. Allen will pay $20 million in cash up…

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