TheStreet wraps up $87M sale of institutional business units

Montclair-based 180 Degree Capital Corp. announced its portfolio company, TheStreet Inc. has completed the $87.3 million sale of its institutional business units to Euromoney Institutional Investor, a business information and events group.

The deal, which includes units The Deal and BoardEx, was initially announced on Dec. 6 and approved by TheStreet’s stockholders on Tuesday.

Read more from ROI-NJ: