Reporter (Deals & Dealmakers)
West L.A.’s B. Riley Financial Inc. has purchased Wunderlich Securities for $67 million in cash and stock options.
INVESTMENT: Celeb clients can be tough acts to manage.
Wealth managers for entertainment industry clients say their oversight role can wax and wane.
BIOTECH: Venture would roll up several pharma units.
Patrick Soon-Shiong will continue to nurse his presence in the sector by forming the NantBio entity.
ENTERTAINMENT: Sale to Camsing may ease financial issues for Stan Lee’s Pow.
Camsing’s deal for comic-book legend Stan Lee’s Pow could punch up production.
FOOD: Corridor Capital’s second attempt to swallow Indo-European successful.
Corridor Capital has been keeping busy.
The Wealthiest Angelenos were enriched at a healthier rate than all U.S. households in 2016.
NantHealth Inc. announced Monday that President Robert Watson will step down and become a consultant for the company.
Hong Kong’s Camsing International Holding Ltd. proposed Friday to acquire Stan Lee’s Pow! Entertainment Inc. for $11.5 million.
Long Beach’s Molina Healthcare Inc. was the week’s biggest gainer after firing two top executives, jumping 33.4 percent to close at $66.43. Carson-based aerospace components maker Ducommun Inc. also had a big week, rising 17.3 percent to close at $34.46. Westwood’s Puma Biotechnology Inc. was the week’s biggest laggard, dropping 24.4 percent to close at $30.70.
Tan Capital Partners has acquired the intellectual property of market research firm Osurv for an undisclosed sum, the companies announced on Friday.