B. Riley Financial Inc. said late Wednesday it plans to buy United Online Inc. in a deal valued at about $170 million. United Online provides consumer services and products of the Internet and its communications segment includes Internet access brands NetZero and Juno. The deal is expected to close in the third quarter of 2016. Shares of B. Riley and United Online are halted for news.
Copyright © 2016 MarketWatch, Inc.
Continue Reading Below