Vitamin Shoppe Owner Franchise Group Inc. Files For Chapter 11 [Forbes]
B. Riley Financial, Inc. (RILY)
NASDAQ:AMEX Investor Relations:
ir.brileyfin.com/investor-relations
Company Research
Source: Forbes
Vitamin Shoppe owner Franchise Group Inc. has filed for Chapter 11 bankruptcy protection after racking up months of losses and with background troubles dogging its Los Angeles-based backer B. Riley Financial Inc. The holding company, also known as FRG, owns a number of brands including Buddy's Home Furnishings and Pet Supplies Plus, filed in Delaware , setting out in court documents almost $2 billion of debt. The news followed persistent rumors that FRG was preparing to hand control to lenders including HPS Investment Partners after lengthy restructuring negotiations. FRG said in a statement that it had struck a deal with lenders that own the majority of its senior debt. Under the proposal, lenders have agreed to swap out debt for 100% of the equity in the reorganized business. Franchise Group acquired Vitamin Shoppe in 2019 and in 2023 FRG subsequently agreed to a $30 per share deal to go private valued at about $2.6 billion and led by FRG CEO Brian Kahn. Following the deal, F
Show less
Read more
Impact Snapshot
Event Time:
RILY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
RILY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
RILY alerts
High impacting B. Riley Financial, Inc. news events
Weekly update
A roundup of the hottest topics
RILY
News
- B. Riley Securities Announces Energy Convergence Conference on December 4th [Yahoo! Finance]Yahoo! Finance
- B. Riley Securities Announces Energy Convergence Conference on December 4thPR Newswire
- Going Public as PE Backed Company: NYSE Head of Financial Sponsor Coverage Tad Nacheff, Live from NYSE [Yahoo! Finance]Yahoo! Finance
- B. Riley-backed Vitamin Shoppe owner files for bankruptcy [Yahoo! Finance]Yahoo! Finance
- B. Riley-backed Vitamin Shoppe owner files for bankruptcy [Los Angeles Times (CA)]Los Angeles Times
RILY
Sec Filings
- 11/4/24 - Form 8-K
- 10/31/24 - Form 8-K
- 10/30/24 - Form 8-K
- RILY's page on the SEC website