B. Riley Financial Completes Acquisition of magicJack VocalTec
November 14 2018 - 9:00AM
B. Riley Financial, Inc. (“B. Riley”)(NASDAQ: RILY), a diversified
provider of financial and advisory services, and magicJack VocalTec
Ltd. (“magicJack”)(NASDAQ: CALL), a leading Voice over IP (VoIP)
cloud-based communications company, today announced that B. Riley
has completed its previously announced acquisition of magicJack. As
of November 14, 2018, shares of magicJack halted trading on NASDAQ.
For more information, visit the investor
relations website for B. Riley Financial at ir.brileyfin.com and
for magicJack at www.vocaltec.com.
About magicJack VocalTec
Ltd.magicJack VocalTec Ltd., is a cloud-based Voice over
IP technology and services communications provider.
About B. Riley Financial, Inc. (NASDAQ:
RILY)B. Riley Financial provides collaborative financial
services and solutions tailored to fit the capital raising and
financial advisory needs of public and private companies and high
net worth individuals. The company operates through several
wholly-owned subsidiaries, including B. Riley FBR, a full-service
investment bank and institutional brokerage; Great American Group,
a leading provider of asset disposition, appraisal, corporate
advisory and valuation services; GlassRatner, a specialty financial
advisory services and consulting firm; B. Riley Wealth Management,
B. Riley Asset Management and B. Riley Alternatives, which offer
investment management to institutional and high net worth
investors; Great American Capital Partners, which originates and
underwrites senior secured loans for asset-rich companies; and B.
Riley Principal Investments, which invests in or acquires companies
and assets with attractive return profiles.
Investor ContactInvestor
Relationsir@brileyfin.com (310) 966-1444
Media ContactJo Anne McCusker
jmccusker@brileyfin.com (646) 885-5425
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