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B. Riley shares soar 26% after founder offers to buy rest of troubled bank for $7 a share

B. Riley shares soar 26% after founder offers to buy rest of troubled bank for  a share

Shares of B. Riley Financial Inc. rose 26% on Friday after Bryant R. Riley, the founder, chairman, co-chief executive and largest shareholder of the troubled investment bank, made an offer to buy the shares he does not already own for $7 per share.

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