NASDAQ:TST - Nasdaq -
Mentions: MVEN
Digital-media company TheMaven to acquire all outstanding shares of TheStreet for $16.5 million cash plus a $3.35-a-share special dividend. Investors holding more than 96% of shares OK'd the deal.
Midway through trading Wednesday, the Dow traded down 0.13% to 26013.65 while the NASDAQ fell 0.51% to 7,782.33. The S&P also fell, dropping 0.24% to 2,878.81. Leading and...
Following the market opening Wednesday, the Dow traded down 0.13% to 26013.65 while the NASDAQ fell 0.51% to 7,782.33. The S&P also fell, dropping 0.24% to 2,878.81. Leading...
The London-listed company will pay $87.3 million in cash for the institutional unit of TheStreet.
Company plans to sell itself to TheMaven for $6.19 to $6.47 per share in cash.
Mentions: MVEN
Northland Securities analyst Michael Grondahl maintained a Buy rating on TheStreet (TST – Research Report) today and set a price target of $3. The company’s shares closed yesterday at $2.30. Grondahl said: “We highlight BoardEx generated reported revenue of $23.8M in 2017 and $25.6M in 2018. The sale closed in February 2019. With a successful
B.Riley FBR analyst Kara Anderson reiterated a Buy rating on TheStreet (TST – Research Report) today and set a price target of $3. The company’s shares opened today at $2.22. Anderson noted: “Buy-rated TheStreet, Inc. (TST; $3.00 PT) will report 4Q18 results before market open on and hold conference call at 8:00AM ET, which is
Company plans to distribute 'substantial portion' of sale proceeds to shareholders.
Financial news provider TheStreet Inc on Thursday said it will sell its B2B busi...
Trade tensions with China and a weaker economy could lead to a scarce M&A market in 2019, TheStreet's co-founder told The Deal Economy conference, but tech, media and consumer deals could still trickle out.