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Scotts Miracle-Gro's RIV Capital to merge with Cansortium in cannabis tie-up
Florida-based Cansortium Inc. said Thursday it agreed to acquire RIV Capital Inc. in an all-stock cannabis company deal that will eliminate $175 million in debt by RIV Capital owner Scotts Miracle-Gro Co.
Marketwatch | 2 years ago
RIV: This May Be Your Last Chance For The Discount
RiverNorth Opportunities Fund is a closed-end fund that invests in a diversified portfolio of equity, fixed income, and alternative assets. Despite a decline in price, RIV's total return has performed well compared to its benchmark, the Vanguard Balanced Index Fund. RIV currently trades below its average discount, making it an attractive option for income-focused portfolios with a high distribution rate of 12.72%.
Seekingalpha | 2 years ago
