B. Riley sells GlassRatner to TorQuest for $118M

1 week ago 1
Wooden blocks with text M and A on light blue paper, business concept. MA - short for mergers and acquisitions

B. Riley Financial (NASDAQ:RILY) sold its advisory services business, GlassRatner Advisory & Capital Group and B. Riley Farber Advisory, to funds managed by TorQuest Partners for $117.8M, the company said on Friday.

Proceeds from the sale will help provide capital

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