IAA News and Press, IAA Inc. From 03/06/23

ISS Recommends Shareholders Vote Against the IAA Merger Citing Better Standalone Path, Deal Risks, Strategic Rationale, Board Credibility and Deal Process Glass Lewis Criticizes IAA Merger’s “Excessive Execution Risk, Procedural Concerns, Questionable Financial Assumptions...

One of Ritchie Bros. ( NYSE: RBA ) top 15 holders, Vontobel Asset Management, now supports the company's planned purchase of IAA Inc. ( NYSE: IAA ) as the proxy services are poised to opine on the deal in the near future. Vontobel Asset owned 2.39 million shares, or a 2.2% sta...

Ritchie Bros. Mails Letter to Shareholders Regarding IAA Acquisition Canada NewsWire Urges All Shareholders to Vote " FOR " All Proposals Listed on the WHITE Proxy Card VANCOUVER, BC , March 3, 2023 /CNW/ - Ritchie Bros. Auctioneers Incorpora...

Ritchie Bros. ( NYSE: RBA ) planned acquisition of IAA Inc. ( NYSE: IAA ) has a 70% chance of gaining support from the proxy advisors ISS and Glass Lewis, according to United First Partners. After a call with a former IAA senior executive "we walked away from the call with an ...

Company recognized for workplace culture, employee experience and leadership IAA, Inc. (NYSE: IAA), a leading global digital marketplace connecting vehicle buyers and sellers, announces that it has been certified by Great Place to Work ® for the fifth consecutive year. The presti...

Issues Comprehensive Take Down of the Most Blatantly False and Misleading Claims from the Company’s Investor Presentation Regarding the Value Destructive Merger with IAA Calls on Ritchie Bros. Board to Acknowledge Apparent Manipulation of Forecasts by Management Urges Sha...

Summary When is a merger worth it? For shareholders, when it gets the buyer something it couldn’t get otherwise. Unfortunately, for investors in industrial equipment purveyor Ritchie Bros. Auctioneers, that’s not entirely the case in its $7 billion deal with salvage-yard o...

Independent Directors of the Ritchie Bros. Board Issue Letter to Shareholders Canada NewsWire Ritchie Bros. Urges Shareholders to Vote " FOR " All Proposals Listed on the WHITE Proxy Card VANCOUVER, BC , Feb. 27, 2023 /CNW/ - Ritchie Bros. Au...

IAA press release ( NYSE: IAA ): Q4 Non-GAAP EPS of $0.61 beats by $0.02 . Revenue of $523.5M (-4.5% Y/Y) misses by $1.05M . Other Financial Highlights as of January 1, 2023: Gross Transaction Value (“GTV”) of $2.0 billion in the fourth qua...

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...