RBA:CC News and Press, Ritchie Bros. Auctioneers Incorporated From 02/28/23

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...

Ritchie Bros. Auctioneers ( NYSE: RBA ) initiates an offering for ~$550M principal amount of senior secured notes due 2028 and $800M principal amount of senior notes due 2031. Net proceeds along with proceeds from its term loan A facility and cash from its balance sheet ...

Ritchie Bros. Announces Senior Notes Offering to Partially Fund IAA Merger Canada NewsWire VANCOUVER, BC , Feb. 28, 2023 /CNW/ - Ritchie Bros. Auctioneers Incorporated (NYSE: RBA) (TSX: RBA), ("Ritchie Bros.," the "Company," "we," "us" or "our"), today annou...

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...

Ritchie Bros. sells US$244+ million of equipment in its 2023 Premier Global Auction in Orlando, FL Canada NewsWire Five-day public auction attracted 22,600+ bidders from 80+ countries competing for 13,300+ items ORLANDO, Fla. , Feb. 27, 2023 /CNW/ - Last...

Ritchie Bros. Mails Letter to Shareholders Canada NewsWire Details Compelling Strategic and Financial Benefits of IAA Acquisition and Significant Value Creation Opportunities Highlights Positive Market Reaction to IAA Acquisition, Amended Agreement and Starboard Invest...

Ritchie Bros. Auctioneers Incorporated (RBA) Q4 2022 Earnings Conference Call February 21, 2023 05:00 p.m. ET Company Representatives Ann Fandozzi - Chief Executive Officer Eric Jacobs - Chief Financial Officer Sameer Rathod - Vice President of Investor Relations and M...

Ritchie Bros Auctioneers press release ( NYSE: RBA ): Q4 Non-GAAP EPS of $0.68 beats by $0.09 . Revenue of $443.9M (+23.5% Y/Y) beats by $27.82M . Full Year Financial and Business Metric Highlights: GTV increased 9% year-over-year to $6.0 billion or 12% year-...

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", ...