BuzzFeed to buy HuffPost from Verizon for undisclosed sum

Terms of the deal have not been finalised (Chris Radburn/PA)

US digital publisher BuzzFeed is to acquire HuffPost from Verizon as part of a wider deal that will see the telecoms giant invest in the digital media company.

BuzzFeed and Verizon did not disclose terms of the deal. Verizon will be a minority shareholder in BuzzFeed and the two companies will partner on content and ads.