{
Limited Too

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001122334455554433221100
001122334455554433221100

b riley raises 236 million from consumer brand asset sale to reduce debt

B. Riley Financial Inc. raised $236 million through the sale of rights to several consumer brands, including Hurley, English Laundry, and Limited Too, to reduce its debt. The company secured approximately $189 million in net proceeds from this transaction, while an additional $47 million came from licensing bebe and Brookstone brands. Following the announcement, shares surged by as much as 18% in New York trading.
bloomberg.com
United States Dollar Limited Too B. Riley Financial, Inc. bebe stores, inc. Brookstone Active ETF FUND Hurley English Laundry USA Show more
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14:04 29.10.2024
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