B. Riley Financial Launches Review of Strategic Alternatives for Appraisal and Retail, Wholesale & Industrial Solutions Businesses

February 29, 2024

https://www.prnewswire.com/news-releases/b-riley-financial-launches-review-of-strategic-alternatives-for-appraisal-and-retail-wholesale–industrial-solutions-businesses-302076443.html

Company Believes Businesses Not Appropriately Valued by Market, Could Provide Greater Value to Potential Acquirer

LOS ANGELES, Feb. 29, 2024 /PRNewswire/ — B. Riley Financial, Inc. (Nasdaq: RILY) (“B. Riley” or the “Company”) today announced that it has retained Moelis & Company LLC as an independent financial advisor to assist in its review of strategic alternatives for the Company’s Appraisal and Valuation Services, and Retail, Wholesale & Industrial Solutions businesses (collectively formerly known as “Great American Group”), which could include a potential sale or other transaction.

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