B. Riley to acquire remaining 55% of National Holdings
The combination of Los Angeles-based B. Riley and New York-based National Holdings will result in a firm with roughly 900 registered representatives and $29 billion in client assets.
B. Riley Financial, Inc., a Los Angeles-based diversified financial services firm, has agreed to acquire the remaining 55% of New York-based National Holdings Corp., an investment banking and asset management firm, that it didn’t own already.
National’s largest subsidiary, National Securities
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