B. Riley Financial acquiring FBR & Co. in $160 million deal

B. Riley Financial, a financial services firm, announced Wednesday that it is acquiring FBR & Co., an investment banking and brokerage firm, in a deal that values FBR at $160.1 million. “B. Riley Financial and FBR combined will become a clear leader in small cap investment banking and brokerage in the U.S. with 600 names under research coverage,” the companies noted in a release. http://www.housingwire.com/articles/39293-b-riley-financial-acquiring-fbr-co-in-160-million-deal ❤️ #share #mortgage