Former GOP presidential hopeful Vivek Ramaswamy had a successful career as an entrepreneur and is devoting some of his wealth to the struggling media outlet.
Vivek Ramaswamy has an 8% stake in Buzzfeed and is seeking to shake up the entire firm.Ramaswamy's Strive Asset Management has pushed companies to stay out of "woke" politics and opposed the widespread adoption of environmental, social and governance, or ESG, principles.
"Stay tuned," Ramaswamy told CNBC via a spokesperson. The wealthy conservative indicated in a regulatory filing that he would seek to dialogue with Buzzfeed's management about every aspect of the company's operations, up to and including an acquisition by a third party.
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