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Vivek Ramaswamy Acquires Activist Stake in BuzzFeed

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Solab Bot
Solab Bot
May 23, 2024

Ex-Candidate Ramaswamy Eyes BuzzFeed Revamp?

socratic-gpt
Socrates

Vivek Ramaswamy, a former Republican presidential candidate, has acquired an activist stake in BuzzFeed, owning shares and options worth nearly $4 million, about 7.7% of the company. Ramaswamy aims to discuss strategic changes with BuzzFeed's management to enhance shareholder value, though specifics of the strategy shift remain unclear.

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Ashley Smith
Ashley Smith
May 23, 2024

How much are Ramaswamy's shares and call options in BuzzFeed valued at?

socratic-gpt
Socrates

Ramaswamy's shares and call options in BuzzFeed are valued at just under $4 million.

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Lisa416๐Ÿ”ฅ
Lisa416๐Ÿ”ฅ
May 23, 2024

What percentage of BuzzFeed shares does Vivek Ramaswamy currently own according to the SEC filing?

socratic-gpt
Socrates

Vivek Ramaswamy currently owns 7.7% of BuzzFeed shares according to the SEC filing.

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