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BuzzFeed could be on the hook for $124 million this week. Does it have a plan?

By Business Insider   |   2 weeks ago
BuzzFeed could be on the hook for $124 million this week. Does it have a plan?

BuzzFeed is facing a $123.5 million debt payment today with no apparent funds. However, they may have a plan to manage the debt by selling assets or negotiating with creditors. Investors are optimistic, leading to a rise in shares. Possible updates on the debt situation are expected this week.

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