TheStreet, Inc. TST, a
leading digital financial media company, today announced that it has signed
prominent contributor and hedge fund manager Doug Kass to a new long term
contributor agreement. Under the terms of the arrangement, Mr. Kass, a long
time contributor to TheStreet's network of sites, will continue to post market
commentary and trading ideas twelve times each business day to his daily diary
on Real Money Pro (www.realmoneypro.com), as well as participate in Columnist
Conversations, a real-time discussion featuring Real Money Pro columnists
found exclusively on TheStreet's subscription services. The new agreement is
effective March 1, 2013 and continues through February 2015.
"We are excited to continue our relationship with Doug Kass as a marquee
contributor," said Elisabeth DeMarse, CEO of TheStreet. "He is extremely
well-respected throughout the industry and was most recently named as the
credentialed bear to speak at Warren Buffet's annual meeting for Berkshire
Hathaway BRK BRK.B). He also called Apple AAPL overvalued
and ready for a fall on September 24, 2012 in Real Money Pro, and Apple has
dropped 39% since then. We look forward to reading his prescient investment
calls and informative market commentary on Real Money Pro."
"I'm happy to continue my long affiliation with TheStreet, especially at this
exciting moment," said Doug Kass. "Real Money Pro provides a unique service
where Wall Street professionals with real money at stake share trading ideas
and discuss the latest market action. I'm proud to headline Real Money Pro
and pour my heart and soul into my trading diary throughout the day."
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