RBA:CC News and Press, Ritchie Bros. Auctioneers Incorporated From 02/21/23

Ritchie Bros. reports fourth quarter 2022 results Canada NewsWire Achieves full year record GTV of $6.0 billion VANCOUVER, BC , Feb. 21, 2023 /CNW/ - Ritchie Bros. Auctioneers Incorporated (NYSE: RBA) (TSX: RBA) (the "Company", "Ritchie Bros.", "we", ...

Ritchie Bros. auction in Houston hits US$61+ million Canada NewsWire February 14 – 16 unreserved auction attracted 14,500+ bidders to compete for 6,500+ items HOUSTON , Feb. 20, 2023 /CNW/ - With its first Houston, TX site auction of the y...

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 ...

Over the last year, we’ve seen the stock market sell off as a result of surging inflation, rapidly rising interest rates and, of course, the increasing likelihood of a recession materializing. For most companies, a recession will have a negative impact on business. However, some stocks, li...

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...