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1 minute read
  • M&A
  • News

Ritchie Bros. Auctioneers Issues Statement Related To Acquisition Of IAA Inc; Deal Carefully Considered & Thoroughly Due Diligenced; Says Deal Is The Right Next Step

By Happy Mohamed
Today, 7:01 AM
- Reuters

IAA

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1 minute read
  • Dividends
  • News

Ritchie Bros. Auctioneers Board Declares Special Cash Dividend Of $1.08 Per Share

By Benzinga Newsdesk
Today, 7:01 AM
Payment of the special dividend is contingent upon the closing of Ritchie Bros.' previously announced merger transaction with IAA, Inc., which is expected to be consummated on or about March 20, 2023,

RBA

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2 minute read
  • M&A
  • Management
  • News

Ritchie Bros. Issues Statement On Glass Lewis And ISS Reports

By Happy Mohamed
Today, 7:01 AM
Ritchie Bros.' Board Is Confident IAA Acquisition Delivers Value for Shareholders that is Superior to that Achievable Under Ritchie Bros.' Standalone Plan Urges All Shareholders to Vote "FOR" All

IAA

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1 minute read
  • Earnings
  • News

Ritchie Bros Auctioneers Q4 Adj. EPS $0.68 Beats $0.60 Estimate, Sales $443.86M Beat $416.23M Estimate

By Bill Haddad
Today, 7:01 AM
Ritchie Bros Auctioneers (NYSE:RBA) reported quarterly earnings of $0.68 per share which beat the analyst consensus estimate of $0.60 by 13.33 percent. This is a 36 percent increase over earnings of $0.50 per share from

RBA

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9 minute read
  • Earnings

Earnings Scheduled For February 21, 2023

By Benzinga Insights
Today, 7:01 AM
Companies Reporting Before The Bell • Sohu.com (NASDAQ:SOHU) is likely to report earnings for its fourth quarter.

ABCL

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1 minute read
  • Earnings

Earnings Outlook For Ritchie Bros Auctioneers

By Benzinga Insights
Today, 7:01 AM
Ritchie Bros Auctioneers (NYSE:RBA) is set to give its latest quarterly earnings report on Tuesday, 2023-02-21. Here’s what…

RBA

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1 minute read
  • Analyst Ratings
  • News
  • Price Target

Baird Maintains Outperform on Ritchie Bros Auctioneers, Raises Price Target to $66

By Benzinga Newsdesk
Today, 7:01 AM
Baird analyst Craig Kennison maintains Ritchie Bros Auctioneers (NYSE:RBA) with a Outperform and raises the price target from $62 to $66.

RBA

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2 minute read
  • General
  • M&A
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Ritche Bros. Secures $500M Strategic Investment From Starboard; Raises Cash Payout In IAA Proposal

By Shivani Kumaresan
Today, 7:01 AM
Ritche Bros. Auctioneers Inc (NYSE:RBA) has changed the terms of its acquisition proposal of IAA Inc (NYSE:IAA), increasing the cash consideration to IAA…

IAA

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1 minute read
  • M&A
  • News

Ritchie Bros Raise Cash Payout for IAA Shareholders to $12.80/Share, From $10/Share

By Charles Gross
Today, 7:01 AM
-Wall Street Journal

IAA

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3 minute read
  • M&A
  • News

Luxor Capital Files Preliminary Proxy Statement To Oppose Ritchie Bros. Value Destructive Merger With IAA; Says IAA Merger Risks Permanent Destruction Of Over $1.8B Of Shareholder Value

By Benzinga Newsdesk
Today, 7:01 AM
Luxor Plans to Solicit Proxies AGAINST IAA Merger   IAA Merger risks permanent destruction of over US$1.8 billion1 of shareholder value RBA's standalone businesses offer a clear path for the Company to

IAA

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