IAA News and Press, IAA Inc. From 02/21/23

Fiscal 2022 Revenue Growth of 14.2% to $2.1 Billion; Continued Revenue Per Unit Strength IAA, Inc. (NYSE: IAA) today announced its financial results for the fourth quarter and full year fiscal 2022, which ended January 1, 2023. John Kett, Chief Executive Officer and President, sta...

Presentation Details Why Shareholders Should Vote AGAINST RBA’s Ill-Advised, Self-Serving and Value-Destructive Merger With IAA Urges Shareholders to Vote on the GREEN Proxy Card AGAINST the IAA Merger NEW YORK, Feb. 17, 2023 ...

One of IAA Inc.'s ( NYSE: IAA ) shareholders and one of Ritchie Bros. Auctioneers ( NYSE: RBA ) shareholders notified the companies that they intend to vote against their proposed merger, they said Wednesday. Eminence Capital, which holds more than 900K shares of vehicle ...

Eminence Capital to Vote AGAINST Ritchie Bros. Proposed Merger with IAA, Inc. PR Newswire Issues Open Letter to RBA Shareholders Highlighting Flawed and Risky Transaction with Limited Strategic Logic NEW YORK , Feb. 15, 2023 /PRNewswire/ -- Eminence Capit...

Summary The totaled auto auction industry is a lucrative market with many tailwinds. 80% of the market is split between Copart and IAA, making it a Duopoly. The companies differentiate each other in their strategy and execution over the last years. Investing in the right s...

Sends Letter to RBA Shareholders Urges Shareholders to Vote on the GREEN Proxy Card AGAINST the IAA Merger NEW YORK, Feb. 13, 2023 (GLOBE NEWSWIRE) -- Luxor Capital Group, LP (“Luxor”), as the manager of funds owning 4.7 million shares...

IAA ( NYSE: IAA ) expects Q4 GTV of ~$2B; consolidated revenue of ~$524M; Net Income of $74M-77M; Adjusted EBITDA of $137M-141M. FY GTV of ~$8,3B; consolidated revenue of ~$2.1B; Net Income of $288M-291M; Adjusted EBITDA of $536M-540M, Net Debt of ~$961M. C...

Ritchie Bros. Mails Definitive Proxy Statement and Letter to Shareholders Canada NewsWire Ritchie Bros.' Transformation Continues to Create Significant, Sustainable Shareholder Value IAA Acquisition Accelerates Ritchie Bros.' Standalone Strategy and Drives Incremental ...

IAA ( NYSE: IAA ) has announced that IAA Loan Payoff exceeded $3B in total loss transactions in 2022. This exponential growth follows the tool’s 2021 record of $1.2B in loans and leases processed, bringing the grand total in transactions since its launch to $5B. IAA Loa...

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...