Financial Media Company The Deal Acquired by TheStreet, Inc.:
Financial media enterprise The Deal LLC has been acquired by TheStreet, Inc.
Terms of the acquisition were not announced in the release, but multiple reports say the sale was worth $5.8 million.
The Deal, publishers of TheDeal.com, The Deal magazine and industry news and analysis service The Deal Pipeline, had been in discussions with multiple strategic buyers over the past five months, according to Reed Phillips of DeSilva+Phillips who brokered the sale.
