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TheStreet Closes $87 Million Sale of TheDeal and BoardEx

TheStreet Staff

said Thursday that the company has closed a previously announced sale of its institutional-business units TheDeal and BoardEx to Euromoney Institutional Investor PLC for $87.3 million. "Completing the sale of our institutional business is a meaningful milestone for TheStreet, and we wish our colleagues continued success with Euromoney. Lundberg had previously served as the company's chief financial officer, a title he'll retain while replacing outgoing CEO David Callaway and joining TheStreet's board.