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B. Riley increases holding of womenswear label Bebe

Financial services platform B. Riley Financial has snapped up 3.7 million shares of common stock of Bebe Stores, a womenswear label founded by Manny Mashouf. The firm forked out five dollars per share for a total purchase price of 18.5 million dollars from Mashouf himself, bringing its total ownership of the brand to 76 percent. It comes as...

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