B. Riley Delays Another Quarterly Report and Notches Fresh Loss
7 hours ago · (Bloomberg) -- B. Riley Financial Inc. estimated that it lost $270 million to $280 million in the three months through September, as the company continues to review its financials and delay filing ...
B. Riley Delays Q3 Report, Warns of Loss From Franchise Bankruptcy
7 hours ago · B. Riley, whose shares have slumped 77% this year, said it was "working diligently" to file the September quarter report. It is also yet to file the report for the three months ended June 30.
B. Riley-Backed Franchise Group Files for Bankruptcy - Yahoo …
Nov 4, 2024 · Franchise Group, owner of Vitamin Shoppe and other brands, filed for Chapter 11 protection with $2 billion of debt. The company faced losses, turmoil and a criminal investigation after a $2.8 ...
B. Riley slumps on warning of bigger hit from Franchise Group ...
Nov 4 (Reuters) - B. Riley Financial's (RILY.O), opens new tab shares plunged nearly 13% in afternoon trading on Monday after Franchise Group, a retailer backed by the bank, filed for bankruptcy ...
B. Riley-Backed FRG Paid $5.75 Million in Retention Bonuses …
6 days ago · Franchise Group Inc., the bankrupt brand manager backed by B. Riley Financial Inc., paid insiders $5.75 million in retention bonuses to keep them in place as the owner of Vitamin Shoppe and ...
B. Riley sells Great American stake to raise money to lower its …
Oct 14, 2024 · B. Riley Financial, the Westwood-area financial services firm, said Monday that it has sold a majority stake in its Great American appraisal and liquidation business in a nearly $400 million...
B. Riley-backed Vitamin Shoppe owner files for bankruptcy …
Nov 4, 2024 · Vitamin Shoppe owner Franchise Group, which was taken private by B. Riley Financial in a troubled deal, has filed for bankruptcy but plans to keep operating most of its businesses.
B. Riley Chairman Is ‘Personally Sick’ as FRG Goes Bankrupt (2)
Nov 4, 2024 · Bryant Riley, the co-founder of investment firm B. Riley Financial Inc., told employees he feels “personally sick” after the collapse of Franchise Group Inc., which came a little more than a year after he helped to arrange a $2.8 billion buyout that became one of his firm’s key holdings.. The August 2023 deal for Franchise Group, or FRG, saw B. Riley take a stake of about 31%.
B. Riley Stock Skyrockets 27.6% After $386M Deal with Oaktree
Oct 14, 2024 · B. Riley Financial (NASDAQ:RILY) announced a $386 million deal to sell its Great American unit to Oaktree Capital, sending its stock up 27.6%. The deal reflects investor confidence in the...
B. Riley Financial Provides Update on Strategic and Financing ...
LOS ANGELES, Sept. 9, 2024 /PRNewswire/ -- B. Riley Financial, Inc. (NASDAQ: RILY) ("B. Riley" or the "Company"), a diversified financial services platform, today announced proposed strategic and financing initiatives intended to enhance shareholder value by …
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