B. Riley says it is negotiating majority stake sale in Great American Group unit-February 2024-www.financetom.com

B. Riley says it is negotiating majority stake sale in Great American Group unit

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B. Riley says it is negotiating majority stake sale in Great American Group unit

Sep 9, 2024 5:31 AM

Sept 9 (Reuters) - B. Riley has entered into

exclusive negotiations with a global asset manager to sell a 53%

stake in its Great American Group business, valuing it at around

$380 million, the investment bank said on Monday.

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