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TheStreet.com files for an IPO

Published on .

Online investment and financial news site TheStreet.com has filed a registration statement with the Securities & Exchange Commission for an initial public offering of common stock. The number of shares to be sold and the price of those shares were undisclosed. Goldman, Sachs & Co., Hambrecht & Quist and Thomas Weisel Partners are the offering's underwriters. The announcement follows news that The New York Times Co. bought a stake in TheStreet.com for $15 million. Analysts said the IPO could raise as much as $75 million for TheStreet.com.
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