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Vice Nears SPAC Deal Priced at Less Than Half of Previous $5.7 Billion Valuation (Report)
BuzzFeed is also looking at going public via a blank check deal worth less than its $1.7 billion peak valuation, according to The InformationSean Burch | March 16, 2021 @ 8:32 AM
Last Updated: March 16, 2021 @ 8:33 AM
Vice
Vice and BuzzFeed are each looking to go public through a deal with a special purpose acquisition company, or SPAC, according to a report from The Information on Tuesday morning. Both deals, according to the report, are “likely” to come in below what the outlets have previously been valued at.
A rep for BuzzFeed declined to comment, while a rep for Vice did not immediately respond to TheWrap’s request for comment. ....

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