Comcast-owned NBCUniversal disposed of more than half the shares it owns in BuzzFeed, a transaction that netted it $10.15 million. NBCU's stock sale came a day after entrepreneur and right-wing ...
It's also worth noting that BuzzFeed doesn't necessarily have to pony up all $124 million today. Today is just the first day that BuzzFeed's creditors can get that cash, if they want it.