According to the report, Kahn has been a “longstanding client” of B. Riley, and the bank had helped him lead a “management buyout of Franchise Group, or FRG, a retail company based in Delaware, Ohio.” Additionally, Nomura, a major Japanese financial group, had “led a $600 million lending syndicate for B. Riley to help finance Kahn’s takeover,” the report said, citing loan documents.
Related posts
-
7 Events That Could Shift the Crypto Market Landscape in an Instant
The cryptocurrency market finds itself in a challenging situation,... -
MultiversX (EGLD) leads crypto gainers amid key wallet integration
MultiverseX (EGLD) is the top gaining cryptocurrency among top 100 coins by market in the past... -
U.S. Crypto Stocks Sink in Pre-Market Trading as BTC Slumps
Software company MicroStrategy, which holds over 210,000 BTC, and bitcoin miner Hut 8 led declines as...