IAA News and Press, IAA Inc. From 02/10/23

Industry-leading digital solution streamlines transactions, improves customer satisfaction IAA, Inc. (NYSE: IAA), a leading global digital marketplace connecting vehicle buyers and sellers, announces that IAA Loan Payoff exceeded $3 billion in total loss transactions in 2022. This exponen...

Summary Wedgewood Partners is a money manager founded in 1988 with the goal of providing investors with a superior approach to managing investment portfolios. The results for the typical investor in 2022 were likely worse still as many investors (including Wedgewood) had a meaningful we...

Ritchie Bros. holder Janus Henderson ( NYSE: RBA ) said it's against the company's planned acquisition of auto salvage company IAA Inc. ( NYSE: IAA ) and plans to vote against it. Ritchie Bros. rose 1.7%, while IAA fell 0.8%. "At the core, we believe the merger would i...

IAA, Inc. (NYSE: IAA), a leading global marketplace connecting vehicle buyers and sellers, today announced that it intends to release its financial results for the fourth quarter and full year fiscal 2022 after market close on Tuesday, February 21, 2023. About IAA IAA, Inc. (NYSE: I...

Perpetual Preferred Security Being Issued Transfers US$145 Million of Value to a Non-Shareholder at the Expense of Existing Common Shareholders Agreement Seeks to Entrench Management and Board NEW YORK, Jan. 24, 2023 (GLOBE NEWSWIRE) -- Luxor Capital Group, LP (“Luxorȁ...

Ritchie Bros. and IAA Announce Amended Merger Agreement That Enhances Value for Ritchie Bros. Shareholders While Increasing Cash Consideration for IAA Shareholders Canada NewsWire Amended Agreement Unanimously Approved by the Ritchie Bros. and IAA Boards Following Engagement w...

Summary Merger arbitrage spreads are wide. There are plenty of opportunities with spreads of up to 81%. This is a detailed review of the most interesting transactions in the space. Merger arbitrage is an event-driven investment strategy of betting on a successful acquisiti...

Ritchie Bros. ( NYSE: RBA ) holder Luxor Capital formally filed a preliminary proxy in opposition to the company's planned acquisition of auto salvage company IAA Inc. ( NYSE: IAA ). Luxor intends to vote against the proposal to approve the issuance of RBA ( RBA ) ...

Luxor Plans to Solicit Proxies AGAINST IAA Merger IAA Merger risks permanent destruction of over US$1.8 billion 1 of shareholder value RBA’s standalone businesses offer a clear path for the Company to continue compounding its EBITDA by ~20% per...

Strategic alliance to expand IAA’s global buyer base in the Middle East IAA, Inc. (NYSE: IAA), a leading global digital marketplace connecting vehicle buyers and sellers, announces a strategic market alliance with Jumla Automotive Trading in the country of Qatar. Jumla will operate...