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VZ - SPAC 890 5Th Avenue gains on report of deal to take Buzzfeed public
Verizon Communications Inc.
SPAC 890 5th Avenue Partners (ENFAU) gained 8.3% in after hours trading on a report that the company is in talks for a merger with media company Buzzfeed.Once the combined company is public, the new firm may target additional acquisitions, according to a Bloomberg report.Recall Jan. 14, 890 5th Avenue Partners, Inc. Announces Closing of $287.5 Million Initial Public Offering.Recall Nov. 19, Verizon Media (VZ) selling HuffPost to BuzzFeed in stock deal.