Buzzfeed Buying HuffPost From Verizon Media: Report

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Buzzfeed is reportedly set to acquire Huffpost as part of an expansive deal with Verizon Media, according to the Wall Street Journal. 

The stock deal would merge two of the largest digital media companies — giving them the ability to combine content and look into joint advertising opportunities.

Jonah Peretti, BuzzFeed’s founder and chief executive, is set to run the new joint company while Buzzfeed will also conduct the search for the Huffpost’s new
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