Is TheStreet.com in play?

Ashkan Karbasfrooshan of the Seeking Alpha web site wonders if TheStreet.com is an acquisition target, potentially by NBC.

Karbasfrooshan wrote, “TheStreet.com has historically been too reliant on subscriptions, a revenue stream that in today’s advertising-obsessed environment might hurt its chances to fetch a hefty premium in an M&A. Of course, with Rupert Murdoch’s mammoth ambition and track record to make moves and act on them very fast, it’s true that TheStreet.com might not be enough for CNBC to contain the oncoming train otherwise known as the Fox Business Channel.

“Then again, TheStreet.com’s founder Jim Cramer’s show is on CNBC, so that creates an interesting predicament for sure…

“And speaking of NBC, CEO Jeff Zucker is quick to state that CNBC need not worry too much (ie. an acquisition is not necessary), but if you are TheStreet.com, then you can rest assured that, maybe, just maybe, Rupert Murdoch might be eyeing your assets as it bolsters Wall Street Journal’s online ambitions.”

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