BUZZFEED IS PURCHASING HUFFPOST FROM VERIZON MEDIA

Highlights

• Announcing the deal, the companies in a joint statement said this acquisitions is part of a bigger deal between BuzzFeed and Verizon Media

• As per the deal, the companies will be syndicating content on each other’s platforms and look to jointly explore advertising opportunities

• BuzzFeed and HuffPost in a joint statement said both the companies have complementary audiences and w....