B. Riley-Backed Franchise Group Files for Bankruptcy - Yahoo …
Nov 4, 2024 · B. Riley shares fell 10% in New York premarket trading after the company announced it will need to take an additional impairment of $120 million on its equity investment in the parent unit of FRG ...
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 FRG Paid Millions in Bonuses Before Collapse (1)
5 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 American Freight was collapsing. Other key employees who are not considered insiders split an additional $2.16 million in bonuses, which can be clawed back if the employees or the executives quit early ...
B Riley Financial Faces Challenges Amid Franchise Group Bankruptcy
Nov 4, 2024 · An announcement from B Riley Financial ( (RILY)) is now available. B. Riley Financial faces significant challenges as Franchise Group enters bankruptcy, impacting investments worth millions ...
B. Riley's Bold Move: $236M Asset Sale, Debt Slashing, and a New …
Oct 29, 2024 · Latest news, live updates on 2024 election results. B. Riley's Bold Move: $236M Asset Sale, Debt Slashing, and a New Growth Game Plan. ... B. Riley Financial (NASDAQ:RILY) just made a decisive ...
B. Riley-backed Franchise Group prepares bankruptcy filing - reports
Nov 3, 2024 · B. Riley (RILY) suspended its dividend in August and announced plans to take a $433 million to $475 million charge for losses from its investment in Franchise Group and a related receivable. The U ...
B. Riley Stock Skyrockets 27.6% After $386M Deal with Oaktree
Oct 14, 2024 · B. Riley Financial's (NASDAQ:RILY) stock surged nearly 27.6% after announcing a $386 million deal to sell its Great American unit to Oaktree Capital, reflecting strong investor confidence in...
Exclusive | SEC probe of B. Riley widens as struggling firm's stock ...
Aug 12, 2024 · The feds have widened a probe of financial irregularities at B. Riley, sources told The Post -- even as the struggling Wall Street firm suspended its dividend and warned on profits Monday,...
B. Riley Faces Wider Probe on Risk Disclosures, Ties to Kahn
Aug 12, 2024 · B. Riley Financial Inc.’s shares lost more than half their value amid a new round of writedowns and a widening US investigation into whether it gave investors an accurate picture of its...
Oaktree in Talks to Buy Majority Stake in B. Riley’s (RILY) Great ...
Aug 21, 2024 · Oaktree is discussing buying a stake of 51% to 55% in B. Riley’s appraisal and valuation services arm and its retail, wholesale and industrial solutions unit, entities formerly known as Great...
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