| Ticker | Security | Last | Change | Change % |
|---|---|---|---|---|
| BZFD | BUZZFEED | 2.63 | +0.50 | +23.47% |
When reached for comment, a BuzzFeed spokesperson told FOX Business in a statement, “As a shareholder with a vote of less than 3%, we appreciate Vivek Ramaswamy’s recommendations, and they will be sent to governance as per the formal process that he is no doubt aware of.”
A spokesperson for Ramaswamy confirmed to FOX Business that the Axios report is accurate, and that the meeting “was constructive, not contentious.”
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The spokesperson said that a number of former employees of BuzzFeed and early investors in Buzzfeed have reached out to Ramaswamy offering encouragement about his efforts, and that they feel like the company needs to be changed. They added that Ramaswamy’s “number one goal is to create value, and he feels like there’s some good alignment.”
FOX Business’ Bradford Betz contributed to this report.
