TheStreet Acquires The Deal for $5.8 Million [M&A News]
TheStreet, Inc. (TST) today announced that it has acquired The Deal, LLC for $5.8 million. Both sites offer subscriptions to premium content, and will continue to do so after the acquisition. Founded in 1999 as The Daily Deal print newspaper, The Deal LLC transformed its business into a digital subscription platform that delivers coverage of “the deal economy” primarily through The Deal Pipeline, which provides transactional information and services. The acquisition will help TheStreet grow its subscription…
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