Oaktree Nears Deal for Stake in B. Riley Units (Correct)

The reporter in this video misstates the size of B. Riley Financial Inc.’s debt. The correct amount is more than $2 billion as of March 31, according to a filing with the US Securities and Exchange Commission. Oaktree Capital is in exclusive talks to acquire a majority stake in two businesses owned by B. Riley, according to people with knowledge of the matter.

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