Siebert Financial Corp
Online retailer Overstock (OSTK) acquired a 24% stake in StockCross Financial Services through its subsidiary, tZERO, for $12 million on February 2, 2018.
e-Commerce retailer Overstockcom (OSTK) is looking to purchase a 24% stake in StockCross Financial Services through its subsidiary tZERO for $12 million.
Company & Industry Overviews
tZERO buys 1% stake Overstock (OSTK) has invested $1 million in Kennedy Cabot, which will give it a 1% stake in the brokerage service company. Overstock made the investment through its subsidiary, tZERO. Kennedy Cabot is the parent organization of Siebert Financial (SIEB). It holds a ~90% stake in Siebert. The news offered a massive boost to […]