Reliance Global Group Announces Pending Acquisition Of Spetner Associates; Expected To Close In Second Half Of 2024 And Projected To Double Annual Revenue To $28M
Portfolio Pulse from Benzinga Newsdesk
Reliance Global Group has announced its pending acquisition of Spetner Associates, which is expected to close in the second half of 2024. The acquisition is projected to double Reliance Global Group's annual revenue to $28 million.
June 18, 2024 | 12:34 pm
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Reliance Global Group's pending acquisition of Spetner Associates is expected to close in the second half of 2024 and is projected to double the company's annual revenue to $28 million.
The acquisition of Spetner Associates is a significant move for Reliance Global Group, as it is projected to double the company's annual revenue. This positive revenue outlook is likely to boost investor confidence and positively impact the stock price in the short term.
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