Friday, January 3, 2014

TheStreet Acquires DealFlow Assets

TheStreet's (NASDAQ: TST  ) asset list is slightly longer following the financial media company's latest acquisition. The company announced that it bought several properties from DealFlow Media in order to compliment its offerings. Those assets are The DealFlow Report and The Life Settlements Report, both newsletters, and PrivateRaise, a database.

The terms of the acquisition were not disclosed, although TheStreet said in a press release that the financial impact of the acquisition "is not expected to be material."

All three assets will be folded into The Deal, TheStreet's institutional platform.

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