New York
– Financial news website TheStreet.com has sold its Promotions.com business for
$3.1 million to an investor group made up of managers at the unit, PaidContent
reported, citing a regulatory filing.
The filing also stated that TheStreet.com
acquires an unnamed subscription marketing services company in an all-stock
transaction.
The company also recently acquired mobile marketing firm Kikucall
for $1.75 million.
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(PaidContent)
