- TheStreet enters into a definitive merger agreement to be acquired by Maven
- Transaction is culmination of strategic review of Company started over a year ago by the Board and its independent strategic committee
- Total aggregate consideration to consist of the purchase price of $16.5MM cash, an excess cash distribution prior to closing and a contingent value right related to prior transaction escrow agreements still outstanding
PR Newswire
NEW YORK, June 12, 2019