In deal to lower huge debt, B. Riley sells its liquidation business
- Posted on October 14, 2024
- By Los Angeles Times
- 2 Views
In deal to lower huge debt, B. Riley sells its liquidation business
Troubled L.A. financial services firm B. Riley is selling its Great American liquidation and appraisal business for $386 million to lower its debt and recover from a scandal that has spooked investors.