$11.23 0.0 0.0%
Last Trade - 13/02/20
Market Cap | £224.7m |
Enterprise Value | £539.7m |
Revenue | £425.8m |
Position in Universe | th / 6715 |
Dec 12 (Reuters) - B Riley Principal Merger Corp BRPM_u.N : * B. RILEY PRINCIPAL MERGER CORP. AND ALTA EQUIPMENT HOLDINGS INC. ANNOUNCE BUSINESS COMBINATION * B. RILEY FINANCIAL INC - DEAL FOR ANTICIPATED PRO FORMA ENTERPRISE VALUE OF APPROXIMATELY $550 MILLION * B. RILEY FINANCIAL INC - ALTA EQUIPMENT EXECUTIVE MANAGEMENT TEAM WILL CONTINUE TO BE LED BY CEO, RYAN GREENAWALT * B. RILEY FINANCIAL INC - BRPM INTENDS TO CHANGE ITS NAME TO ALTA EQUIPMENT GROUP INC * B. RILEY FINANCIAL INC - BUSINESS COMBINATION HAS BEEN APPROVED BY BOARDS OF BOTH ALTA AND BRPM * B. RILEY FINANCIAL INC - BRPM INTENDS TO APPLY TO LIST ITS SHARES AS ALTA EQUIPMENT NYSE UNDER TICKER SYMBOL "ALTG." * B. RILEY FINANCIAL - COMBINED CO BOARD EXPECTED TO INCLUDE GREENAWALT, WHO WILL SERVE AS CHAIRMAN * B. RILEY FINANCIAL INC - COMBINED CO BOARD ALSO EXPECTED TO INCLUDE DAN SHRIBMAN, CHIEF INVESTMENT OFFICER OF B. RILEY FINANCIAL & CFO OF BRPM * B. RILEY FINANCIAL INC - BUSINESS COMBINATION IS EXPECTED TO BE FUNDED THROUGH A COMBINATION OF EQUITY AND DEBT FINANCINGS * B. RILEY FINANCIAL INC - RYAN GREENAWALT TO ROLL SIGNIFICANT EQUITY INTO COMBINED CO Source text for Eikon: ID:nPn6Bx9sqa Further company coverage: BRPM_u.N ((Reuters Messaging: Reuters.Briefs@thomsonreuters.com))