FRANCHISE GROUP INC (FRG) Stock News
NASDAQ:FRG - Nasdaq - US35180X1054 - Common Stock - Currency: USD
FRG Latest News, Press Relases and Analysis
Franchise Group Moves Restructuring Forward After Lawyers Ousted
Franchise Group Inc. won court permission to press ahead with a potential restructuring despite pushback from junior lenders and the recent removal of the law firm that had guided the troubled brand manager through bankruptcy.
Mentions: RILY
B. Riley-Backed Franchise Group Paid Millions in Bonuses Ahead of Collapse
Franchise Group Inc., the bankrupt brand manager backed by B. Riley Financial Inc., paid insiders $5.75 million in retention bonuses to keep them in place as the owner of Vitamin Shoppe and American Freight was collapsing.
Mentions: RILY
Franchise Group Approved to Borrow $250 Million in Bankruptcy
Franchise Group Inc. won temporary court permission to borrow as much as $250 million from its senior lenders in order to keep operating while the bankrupt, brand management firm tries to cut debt and sell itself.
B. Riley-Backed Franchise Group Files for Bankruptcy Protection
Franchise Group Inc., the owner of brands including the Vitamin Shoppe and Pet Supplies Plus, filed for bankruptcy protection after months of losses and turmoil surrounding its founder and its backer B. Riley Financial Inc.
Mentions: RILY
B. Riley-Backed Franchise Group Prepares to File for Bankruptcy
Franchise Group Inc., the owner of brands including The Vitamin Shoppe and Pet Supplies Plus, is preparing to file for bankruptcy as soon as this weekend following months of losses and turmoil surrounding its founder and a major backer, according to people with knowledge of the plans.
B. Riley-Backed Franchise Group Wins Brief Reprieve From Lenders
Lenders to Franchise Group Inc., the troubled firm at the center of turmoil surrounding B. Riley Financial Inc., gave its managers a short reprieve to work out a plan for its roughly $1.5 billion debt load.
Mentions: RILY
B. Riley Faces Wider US Probe on Risk Disclosures, Ties to Kahn
B. Riley Financial Inc. faces a widening US investigation into whether it gave investors an accurate picture of its financial health amid a string of losses and a sagging stock price.
Mentions: RILY
Franchise Group Investors Sue Ex-CEO, B. Riley Over Buyout Deal
Franchise Group Inc. investors sued ex-CEO Brian Kahn and investment partner B. Riley Financial Inc., claiming shareholders were shortchanged in a $2.6 billion take-private buyout of the operator of franchised-retail brands.
Mentions: RILY
Franchise Group Results Slide as Firm Looks for Ways to Cut Debt
Franchise Group Inc., the firm at the center of a controversy surrounding B. Riley Financial Inc.’s finances, posted steep drops in first-quarter results as it grapples with looming maturities on its debt load, according to people familiar with the matter.
Franchise Group’s Brian Kahn Steps Down as CEO Amid SEC Queries
Brian Kahn is stepping down as the chief executive officer of Franchise Group Inc., just months after a leveraged buyout aided by B. Riley Financial Inc., as regulators look into his ties to the collapse of a hedge fund.
Investment Bank B. Riley Faces Investors After Deals, Profits and Stock Go Sour
B. Riley Financial Inc., the boutique investment bank that specializes in salvaging beaten-down companies, could use some of that expertise for itself lately.
Gorilla Mind Announces First Retail Partnership with its Nationwide Launch into The Vitamin Shoppe
/PRNewswire/ -- Gorilla Mind, the highly popular online fitness and performance supplement company and its top-selling Gorilla Mind Energy Drinks have...
Franchise Group stock gains as holders vote to approve sale to consortium
Franchise Group (FRG) rose almost 1% after shareholders voted Thursday to approve the $30 per share sale to a management-led consortium
Mentions: RILY
Franchise Group Stockholders Approve Proposed Acquisition by Consortium Led by Management Group
DELAWARE, Ohio, Aug. 17, 2023 (GLOBE NEWSWIRE) -- Franchise Group, Inc. (NASDAQ: FRG) (“Franchise Group” or the “Company”), announced that at a...
Franchise Group ticks higher amid Nasdaq delisting notice for management buyout
Franchise Group (FRG) ticked up 0.7% in after hours trading amid a Nasdaq delisting notice for its $30 a share sale to a management-led group. The owner of brands including Vitamin...
Mentions: RILY
Franchise Group stock sinks ahead of shareholder vote on buyout
Franchise Group (FRG) initially fell as much as 5.4%, but has now pared its decline to 1% ahead of a shareholder vote on Thursday for a management buyout
Mentions: RILY
Bragar Eagel & Squire, P.C. Is Investigating Xponential, Franchise Group, Alvotech, and FMC and Encourages Investors to Contact the Firm
Franchise Group, Inc. Announces Second Quarter Fiscal Year 2023 Financial Results
DELAWARE, Ohio, Aug. 08, 2023 (GLOBE NEWSWIRE) -- Franchise Group, Inc. (NASDAQ: FRG) (“Franchise Group,” “FRG” or the “Company”) today announced the...
SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates MGTA, FRG, EMAN
/PRNewswire/ -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws...
JACK HARLOW'S PHOCUS AND THE VITAMIN SHOPPE EXPAND PARTNERSHIP WITH EXCLUSIVE, SPECIAL EDITION FLAVOR DROP
/PRNewswire/ -- PHOCUS, a first-of-its-kind mental acuity beverage, announced it is expanding its partnership with The Vitamin Shoppe via an exclusive release...
Bragar Eagel & Squire, P.C. Is Investigating Xponential, Franchise Group, Alvotech, and Sanmina and Encourages Investors to Contact the Firm
SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates BG, CIR, FRG, EMAN
/PRNewswire/ -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws...
Bragar Eagel & Squire, P.C. Is Investigating Xponential, Franchise Group, Alvotech, and Sanmina and Encourages Investors to Contact the Firm
Bragar Eagel & Squire, P.C. Is Investigating Xponential, Franchise Group, Zai Lab, and Alvotech and Encourages Investors to Contact the Firm
Bragar Eagel & Squire, P.C. Is Investigating Xponential, Franchise Group, Zai Lab, and Alvotech and Encourages Investors to Contact the Firm
Franchise Group, Inc. Announces Redemption of 7.50% Series A Cumulative Perpetual Preferred Stock
DELAWARE, Ohio, July 19, 2023 (GLOBE NEWSWIRE) -- Franchise Group, Inc. (NASDAQ: FRG) (“Franchise Group” or the “Company”) today announced that it has...
SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates FRG, EMAN, GHL
/PRNewswire/ -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws...
Bragar Eagel & Squire, P.C. Is Investigating Xponential, Franchise Group, Zai Lab, and Alvotech and Encourages Investors to Contact the Firm
SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates SGTX, AMED, FRG, DHC
/PRNewswire/ -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws...
Bragar Eagel & Squire, P.C. Is Investigating Xponential, Franchise Group, Zai Lab, and Alvotech and Encourages Investors to Contact the Firm
Wall Street's Most Accurate Analysts Say Hold These 3 Consumer Stocks With Over 6% Dividend Yields
During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.
Bragar Eagel & Squire, P.C. Is Investigating Xponential, Franchise Group, Zai Lab, and Alvotech and Encourages Investors to Contact the Firm
IMPORTANT ALERT: Halper Sadeh LLC Investigates KDNY, FRG, ARNC
/PRNewswire/ -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws...
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Franchise Group, Inc. - FRG
/PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Franchise Group, Inc. ("Franchise Group" or the "Company") (NASDAQ: FRG). Such...
