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TheStreet Acquires DealFlow Assets

By Eric Volkman - Apr 22, 2013 at 9:33PM

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The online financial news service grabs a pack of newsletters and databases that it will fold into its institutional platform.

TheStreet's (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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