RBA News and Press, Ritchie Bros. Auctioneers Incorporated From 02/15/23

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...

Ritchie Bros. Auctioneers ( NYSE: RBA ) expects FY22 Gross transaction value ("GTV") of approximately $6.0B billion. FY22 total revenue of approximately $1.7B vs. $1.71B consensus. FY22 Net income of approximately $317M to $320M FY22 Adjusted EBITDA of approximately $...

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...

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 ...

Ancora Group, an investor in IAA Inc. ( NYSE: IAA ), detailed its support for Ritchie Bros. ( NYSE: RBA ) revised takeover agreement for the auto salvage company. Ancora, which has pledged to vote its 4% stake in IAA for the Ritchie Bros. ( RBA ) takeover and also has an 0...

Updated 4:25pm : Adds investor buying 1.4 million RBA shares in Q4. Ancora Group, an investor in IAA Inc. ( NYSE: IAA ), detailed its support for Ritchie Bros. ( NYSE: RBA ) revised takeover agreement for the auto salvage company. Ancora, which has pledged to vote its 4%...

Summary Shares of Ritchie Bros. Auctioneers Incorporated fell nearly 20% in November as the company announced its intention to acquire IAA. I was really cautious on the deal as well. Progress on the deal and stronger equity markets mean that shares have risen back to pre-deal levels...

Summary A weekly summary of dividend activity for Dividend Champions, Contenders, and Challengers. Companies which changed their dividends. Companies with upcoming ex-dividend dates. Companies with upcoming pay dates. Introduction The Dividend Champions list is a m...

Visit Ritchie Bros. at CONEXPO-CON/AGG this March in Las Vegas, NV Canada NewsWire Showcasing all its solutions in one place, the company will celebrate the launch of an updated inventory management system at North America's largest construction equipment tradeshow V...