On August 1, WSJ ran a follow-up to our announcement GlassRatner was merging with B. Riley Financial. The article delves into the impact GlassRatner's addition will have in expanding B. Riley's restructuring practice.
Here is an excerpt from the article:
B. Riley Financial Inc. is acquiring GlassRatner Advisory & Capital Group in a deal that will expand the financial advisory services firm’s presence in the restructuring sector.
GlassRatner advises companies, shareholders, creditors and investors in distressed situations. Co-founder Ian Ratner will continue to lead the firm, which will keep its name, after the deal is complete.
”Together, B. Riley FBR and GlassRatner offer a wider depth and breadth of restructuring capabilities,” said Chairman and Co-Chief Executive Bryant Riley in a news release. “We’re excited about the potential opportunities the combination of B. Riley and GlassRatner creates and look forward to working with this highly-skilled team to maximize the value we can deliver to clients and investors.”?
You can find the rest of the article on the WSJ website here: https://www.wsj.com/articles/b-riley-acquires-restructuring-adviser-glassratner-1533128400