TheStreet, Inc. News
TheStreet's Shareholders Approve Sale to TheMaven; Deal to Close Wednesday
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.
TheStreet Agrees to Approximately $34 Million Takeover Deal
Company plans to sell itself to TheMaven for $6.19 to $6.47 per share in cash.
TheStreet Closes $87 Million Sale of TheDeal and BoardEx
Company plans to distribute 'substantial portion' of sale proceeds to shareholders.
Euromoney Buys The Deal, BoardEx
The London-listed company will pay $87.3 million in cash for the institutional unit of TheStreet.
Jim Cramer's 2019 Top Takeover Targets
Trade tensions with China and a weaker economy could lead to a scarce M&A market in 2019, but tech, media and consumer deals could still trickle out.
Fed Inflation Gauge Eases Again In May, But Inflation Pressures Clip Consumer Spending
While overall inflation pressures are easing modestly, the impact of the fastest inflation in four decades is taking its toll on spending, BEA data indicated Thursday.
Pfizer Stock Jumps On $3.2 Billion U.S. Covid Vaccine Sale, FDA Paxlovid Approval Filing
“As the Covid pandemic continues to evolve and be highly unpredictable, we must remain vigilant in protecting those who are at greatest risk of getting very sick from Covid," said CEO Albert Bourla.
Walgreens Stock Slides After Q3 Profit Beat, $683 Million Florida Opioid Charge
"WBA delivered strong execution across operating segments and against very robust growth last year," said CEO Rosalind Brewer.
Micron Earnings Preview: Will Critical Support Hold?
Micron is set to report earnings on Thursday after the close, but the stock sits on critical support. Will it hold or will it fold?