B. Riley Financial Enters Agreement to Purchase Fortress Biotechs Stake in National Holdings

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B. Riley Financial Enters Agreement to Purchase Fortress Biotech’s Stake in National Holdings

B. Riley Financial Enters Agreement to Purchase Fortress Biotech’s Stake in National Holdings

LOS ANGELES, Nov. 19, 2018 (GLOBE NEWSWIRE) — B. Riley Financial, Inc. (NASDAQ: RILY) today announced its wholly owned subsidiary has entered into an agreement to acquire Fortress Biotech, Inc.’s (NASDAQ: FBIO) majority stake in National Holdings Corporation (NASDAQ: NHLD) for an aggregate purchase price totaling approximately $22.9 million.

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