TheStreet.com, Internet Survivor, May Have Buyer

Maybe this whole online Wall Street thing has a future after all (hear that, honey? I smell retirement). Shares of mad money man Jim Cramer’s Internet-era online news site, TheStreet.com, have been rising in anticipation of a pending acquisition by big media. The company had brought on media-insider i-bankers Allen & Co. earlier this year to help “explore strategic alternatives” and rumor has it there’s a deal in the works. Is there anything to the buzz? “We never comment on rumors,” says CEO Tom Clarke.
The Street’s Sweet Spot [NY Post]

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