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Published on .

The New York Times Co. last week purchased a minority stake in TheStreet.com, an online provider of financial and investment news, for $15 million. Launched in 1996, The Street.com last week filed plans for an initial public offering of stock, saying it had 32,000 subscribers at the end of 1998 with revenue of $4.5 million. TheStreet.com competes with CBS.MarketWatch, partially owned by CBS Corp., and the Wall Street Journal Interactive Edition.
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