Brief: TheStreet Provides Updates On Pending Sale Transaction

Paradium.AI

31/07/2019 23:23

July 31 (Reuters) - TheStreet Inc  TST.O :
    * THESTREET PROVIDES UPDATES ON PENDING SALE TRANSACTION
    * SPECIAL MEETING OF STOCKHOLDERS SCHEDULED FOR AUGUST 7,
2019
    * INDEPENDENT PROXY ADVISORY FIRMS ISS AND GLASS LEWIS
RECOMMEND
STOCKHOLDERS OF THESTREET VOTE "FOR" PROPOSED MERGER WITH MAVEN
    * UPDATED ESTIMATES FOR PRE-MERGER DISTRIBUTION AND
CONTINGENT
VALUE RIGHT
    * CURRENTLY EXPECTS THAT ABOUT $3.7 MILLION IN FUNDS
PREVIOUSLY
ESCROWED REAGRDING SALE OF ITS RATEWATCH BUSINESS WILL NOW BE
RELEASED ON AUG. 1

Source text for Eikon:  ID:nPn2r1z1ta 
Further company coverage:  TST.O 

 ((Reuters.Briefs@thomsonreuters.com;))