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RILYBullishCorporate Developmentsnews
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B. Riley’s stock rallies on report of unit sale to Oaktree - MarketWatch

Aug 21, 2024, 2:06 PM EDT1 sourcesAI-analyzed

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B. Riley's stock surged 33% after talks with Oaktree Capital. The deal could value Great American Group at $380 million. Previous offer to take the company private adds bullish sentiment. Stock still down 66% this year despite recent gains.

  • B. Riley's stock surged 33% after talks with Oaktree Capital.
  • The deal could value Great American Group at $380 million.
  • Previous offer to take the company private adds bullish sentiment.
  • Stock still down 66% this year despite recent gains.

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