Vivek Ramaswamy meets with BuzzFeed CEO amid push for board seats
Fox Business • 602 days
Low Materiality0/10
Information
Former Republican presidential candidate Vivek Ramaswamy met with BuzzFeed CEO Jonah Perriti for an ...
Original sourceAI Summary
- Ramaswamy proposed changes to BuzzFeed, including adding new directors and a business model shift. - BuzzFeed's market value dropped drastically since going public, Ramaswamy's actions coincide with share rally. - Two of Ramaswamy's proposed directors, Balfe and Bet-David, were present at virtual meeting. Price Impact Rating: Bearish Impact Horizon Rating: Short-term Type: Corporate Developments
Market-Moving
- Ramaswamy proposed changes to BuzzFeed, including adding new directors and a business model shift.
- BuzzFeed's market value dropped drastically since going public, Ramaswamy's actions coincide with share rally.
- Two of Ramaswamy's proposed directors, Balfe and Bet-David, were present at virtual meeting.
Key Facts
- Ramaswamy proposed changes to BuzzFeed, including adding new directors and a business model shift.
- BuzzFeed's market value dropped drastically since going public, Ramaswamy's actions coincide with share rally.
- Two of Ramaswamy's proposed directors, Balfe and Bet-David, were present at virtual meeting.