In connection with the investment, Starboard CEO Jeffrey Smith will be appointed to the Ritchie Bros. Board. Price Action: RBA shares are trading higher by 2.79% at $61.85 and IAA is up 6.59% at ...

Canada’s Ritchie Bros. Auctioneers Inc.RBA1.22%increase; green up pointing triangle agreed to amend the terms of its proposed acquisition of U.S. auto retailer IAA Inc. with the backing of ...

Ritchie Bros. (NYSE:RBA) sweetened its bid for auto salvage company IAA (NYSE:IAA) with a larger cash component as Starboard Value LP makes a $500M investment in Ritchie Bros, moves that it hopes ...

March 20 (Reuters) - Canada's Ritchie Bros Auctioneers Inc (RBA.TO), opens new tab said on Monday it had completed the acquisition of U.S. auto retailer IAA Inc (IAA.N), opens new tab, weeks after ...

Former President and Director of Ritchie Bros. Auctioneers Incorporated (NYSE: RBA) (TSX: RBA) ("Ritchie Bros." or the "Company"), released a letter to shareholders of Ritchie Bros., in connection ...

The $7.3 billion enterprise value Ritichie Bros. is paying for IAA is actually higher than Ritchie Bros.' own market cap at $5.5 billion; the $46.88 purchase price represents a 19% premium to ...

Update 12:58pm: Updates to show Luxor Capital confirming that Ritchie Bros. won holder vote to go ahead with IAA deal. Luxor Capital, who had been publicly opposed to Ritchie's acquisition of IAA ...

Westchester-based IAA is to be purchased by Ritchie Bros. Auctioneers in a deal announced yesterday, but the combined company will be headquartered here. IAA has about 400 employees in west ...

Nov 7 (Reuters) - Canada's Ritchie Bros Auctioneers Inc (RBA.TO), opens new tab, which sells heavy industrial equipment, on Monday agreed to buy U.S.-based vehicle marketplace IAA Inc (IAA.N ...

A co-founder and former president of Ritchie Bros. Auctioneers (RBA) are voicing their concerns about the auction house’s proposed merger with IAA, issuing a public letter to shareholders. “We have ...