Why Is B. Riley Financial Stock Rocketing Today?
Why Is B. Riley Financial Stock Rocketing Today?
B. Riley purchased the business in 2014. An agreement esteems the units at around $380 million, Bloomberg added. The agreement could be announced next week. However, the company has not yet finalized the transaction.B. Riley Financial, Inc. (NASDAQ:RILY) shares are trading higher on Wednesday.
b. Riley Financial，Inc.（纳斯达克：RILY）的股票周三交易上涨。
Oaktree Capital is in discussions to obtain a majority stake in two enterprises owned by B. Riley, reported Bloomberg.
Oaktree Capital正在商讨获得b. Riley所有的两家企业的大部分股权，据彭博报道。
Oaktree is planning to acquire a stake in the band of 51% to 55% in B. Riley's appraisal and valuation services unit and its retail, wholesale and industrial solutions division, entities formerly known as Great American Group, the report read, citing people familiar with the discussions.
Oaktree计划收购b. Riley的评估与估值服务部门以及retail、wholesale和industrial解决方案部门的51%到55%的股份；这些实体以前被称为Great American Group，据报道援引知情人士的话说。
B. Riley purchased the business in 2014. An agreement esteems the units at around $380 million, Bloomberg added. The agreement could be announced next week. However, the company has not yet finalized the transaction.
b. Riley于2014年收购了这个业务。Bloomberg补充说，根据协议，这些部门的估值约为38000万美元。该协议可能会在下周宣布。然而，公司尚未最终敲定交易。
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The report added that there are even chances that the terms change or the deal fails to happen last minute.
报告还表示，术语可能会有所改变，交易可能在最后一刻失败。
"Our review of strategic alternatives for Great American Group is advancing and we look forward to providing additional updates when appropriate," B. Riley said earlier in the month.
“我们对Great American Group的战略选择进行的审视正在推进，我们期待在适当的时候提供更多更新。” b. Riley在本月早些时候说。
Last week, the company announced it received a preliminary non-binding proposal from its co-founder Bryant Riley.
上周，该公司宣布收到了其联合创始人Bryant Riley的初步非约束性提议。
Its shares are at a 10-year low after the company suspended its dividend, revealed it might register its largest-ever quarterly loss, and disclosed that the SEC is investigating the company, the report highlighted.
该公司股价处于10年低点，公司暂停发放股息，可能会出现有史以来最大的季度亏损，并披露SEC正在调查该公司，报告强调。
According to Benzinga Pro, RILY stock has lost over 84% in the past year.
根据Benzinga Pro，RILY股票在过去一年中已经下跌了超过84%。
Price Action: RILY shares are trading higher by 32.4% to $7.26 at last check Wednesday.
价格走势：RILY股票最近交易，最后查询周三上涨32.4%，至7.26美元。
Image: Pete Linforth from Pixabay
图片：来自Pixabay的Pete Linforth
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