$IAA News

Last published 3y ago

3y agoAAWW APO CERT CVI+4Exponent Set to Join S&P MidCap 400; CVR Energy and Certara to Join S&P SmallCap 600PR NewswireNEW YORK, March 15, 2023 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P MidCap 400 and S&P SmallCap 600: CVR Energy Inc. (NYSE:CVI) will replace Atlas Air Worldwide Holdings
3y agoIAA RBA TSX:RBAAncora Issues Statement Regarding Shareholders' Approval of the IAA and Ritchie Bros. CombinationBusiness WireAncora Holdings Group, LLC (together with its affiliates, "Ancora"), which is the beneficial owner of approximately 4% of the outstanding shares of IAA, Inc. (NYSE:IAA) ("IAA") and 0.5% of the outstanding shares of
3y agoIAA RBA TSX:RBAIAA Announces Stockholder Approval of Merger Agreement with Ritchie Bros.Business WireRitchie Bros. Shareholders Also Approve all Transaction-Related Proposals IAA, Inc. (NYSE:IAA) ("the Company") today announced that its stockholders have adopted the previously announced merger agreement providing for
3y agoIAA RBARitchie Bros. Shareholders Vote to Approve IAA Acquisition at Special MeetingPR NewswireShareholder Approval Marks Important Milestone Toward Completing IAA Transaction and Accelerating Ritchie Bros.' Strategy to Create Premier Global Marketplace with Long Runway for Outstanding Growth and Value
3y agoIAA RBARitchie Bros. Issues StatementPR NewswireSignificant Growth and Premier Returns Under Current Board and Management Show that Shareholders Should Look to the Future, Not the Past IAA is Right Next Step in Ritchie Bros.' Value Creating Transformation
3y agoIAA RBA TSX:RBALuxor Responds to Letter From Ritchie Bros. Co-Founder and Former President & COO to Stop IAA MergerBusiness WireShareholders should heed call from David E Ritchie and C Russell Cmolik and revoke proxies cast in favor of IAA Merger Not too late to stop value destructive IAA Merger Contact Okapi Partners 1-877-629-6356 or
3y agoIAA RBARitchie Bros. Co-Founder and Former President & COO Speak Out Against Merger With IAAPR NewswireExpress strong belief that Merger with IAA threatens customer focus and corporate cultureShareholders should call brokers to revoke votes cast in favour of the dealVANCOUVER, BC, March 13, 2023 /CNW/ - David E Ritchie,
3y agoIAA RBA TSX:RBALuxor Comments on Preliminary Ritchie Bros Merger VoteBusiness WirePreliminary results show that ~46% of RBA votes cast AGAINST merger with IAA Luxor thanks Ritchie Bros. shareholders for acting as engaged fellow owners Luxor Capital Group, LP ("Luxor"), as the manager of funds
3y agoIAA RBA TSX:RBALuxor Reminds Ritchie Bros. Shareholders of Deadline to Vote Against Value Destructive Merger With IAABusiness WireShareholders Can Vote Against the IAA Merger But Must Act by March 9, 2023 Standalone RBA is the Best Path for Shareholder Value Creation RBA Shareholders and both ISS and Glass Lewis Oppose the IAA Merger Luxor
3y agoIAA RBARitchie Bros. Urges Shareholders to Vote Today "FOR" Proposed Acquisition of IAAPR NewswireIAA Acquisition Accelerates Ritchie Bros.' Growth Strategy and Is a Unique Opportunity to Deliver Returns Significantly in Excess of Standalone Value Independent Proxy Advisory Firm Egan-Jones Recommends Ritchie
3y agoIAA RBA TSX:RBAIAA Issues Statement on Glass Lewis and ISS ReportsBusiness WireGlass Lewis and ISS recommend IAA stockholders vote to approve merger agreement with Ritchie Bros. IAA Board of Directors continues to unanimously recommend stockholders vote FOR the proposed transaction on the WHITE
3y agoIAA RBAISS and Glass Lewis Both Recommend Ritchie Bros. Shareholders Vote AGAINST IAA MergerGlobeNewswireISS Recommends Shareholders Vote Against the IAA Merger Citing Better Standalone Path, Deal Risks, Strategic Rationale, Board Credibility and Deal Process Glass Lewis Criticizes IAA Merger's "Excessive Execution Risk,
3y agoIAA RBARitchie Bros. Issues Statement on Glass Lewis and ISS ReportsPR NewswireRitchie 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
3y agoIAA RBARitchie Bros. Thanks Shareholders for Their Strong Support of IAA AcquisitionPR NewswireVontobel Asset Management, Which Owns 2.15% of Ritchie Bros. Shares, is Yet Another Ritchie Bros. Shareholder to Publicly Support the IAA Acquisition VANCOUVER, BC, March 3, 2023 /PRNewswire/ - Ritchie Bros. Auctioneers
3y agoIAA RBARitchie Bros. Mails Letter to Shareholders Regarding IAA AcquisitionPR NewswireUrges All Shareholders to Vote "FOR" All Proposals Listed on the WHITE Proxy Card VANCOUVER, BC, March 3, 2023 /PRNewswire/ - Ritchie Bros. Auctioneers Incorporated (NYSE:RBA) (TSX:RBA) ("Ritchie Bros.")
3y agoFIVG R IAABrigadier General Pat Ryder, Pentagon Press Secretary, Holds a Press BriefingU.S. Department of WarBRIGADIER GENERAL PAT RYDER: Good afternoon, everyone. Just a few things, then we'll get right to your questions. Earlier today, Secretary Austin issued his annual Message to the Force, which emphasized his three priorities as Secretary of defense: defending the nation, taking care of our people and succeeding through teamwork. As a department, these priorities continue to guide and shape all that ...
3y agoIAAIAA Earns 2023 Great Place to Work Certification™Business WireCompany recognized for workplace culture, employee experience and leadership IAA, Inc. (NYSE:IAA), a leading global digital marketplace connecting vehicle buyers and sellers, announces that it has been certified by
3y agoIAA RBA TSX:RBALuxor Capital: Ritchie Bros.'s Debt Raise Confirms Recent Convertible Financing was Off-Market and Entirely UnnecessaryBusiness WireShareholders should vote NO on the Value Destructive IAA Merger Luxor Capital Group, LP ("Luxor"), as the manager of funds owning 4.7 million shares of Ritchie Bros. Auctioneers Incorporated (NYSE:RBA) (TSX:RBA) ("RBA"
3y agoIAA RBALuxor Capital Responds to Ritchie Bros.'s Deceptive Claims in New PresentationGlobeNewswireIssues 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
3y agoIAALong-Term IAA Inc. Shareholder Discerene Group Believes in IAA's Go-Alone Prospects If Proposed Value-Destroying Merger With Ritchie Bros. Auctioneers Is Voted Down by ShareholdersBusiness WireEncourages IAA to Focus on Building Its Business For the Long Term Discerene Group LP, whose affiliates and investment vehicles managed beneficially own approximately 3.6% of the outstanding shares of IAA, Inc.
3y agoIAA RBAIndependent Directors of the Ritchie Bros. Board Issue Letter to ShareholdersPR NewswireRitchie Bros. Urges Shareholders to Vote "FOR" All Proposals Listed on the WHITE Proxy Card VANCOUVER, BC, Feb. 27, 2023 /PRNewswire/ - Ritchie Bros. Auctioneers Incorporated (NYSE:RBA) (TSX:RBA) ("Ritchie
3y agoEVBG IAA RBA TSX:RBAAncora Issues Rebuttal Presentation to Address What Appears to be Luxor Capital's "Short and Distort" Campaign Against IAA and Ritchie Bros.Business WireAsserts Luxor is Leading a Wolf Pack of Shareholders That is Disseminating Falsehoods and Half-Truths Regarding the Combination Highlights Luxor Recently Amended its Proxy Statement to Disclose it has Maintained a
3y agoIAA RBARitchie Bros. Mails Letter to ShareholdersPR NewswireDetails Compelling Strategic and Financial Benefits of IAA Acquisition and Significant Value Creation Opportunities Highlights Positive Market Reaction to IAA Acquisition, Amended Agreement and Starboard
3y agoIAA RBARitchie Bros. Releases Presentation Highlighting Benefits of Proposed IAA Transaction, Addressing Luxor's Misleading Claims and Correcting Luxor's Flawed AnalysisPR NewswireUrges Ritchie Bros. Shareholders to Vote "FOR" All Proposals on the WHITE Proxy Card VANCOUVER, BC, Feb. 22, 2023 /PRNewswire/ - Ritchie Bros. Auctioneers Incorporated (NYSE:RBA) (TSX:RBA) ("Ritchie
3y agoIAAIAA, Inc. Announces Fourth Quarter and Full Year Fiscal 2022 Financial ResultsBusiness WireFiscal 2022 Revenue Growth of 14.2% to $2.1 Billion; Continued Revenue Per Unit Strength IAA, Inc. (NYSE:IAA) today announced its financial results for the fourth quarter and full year fiscal 2022, which ended January
3y agoIAA RBALuxor Capital Releases Presentation to Fellow Ritchie Bros. ShareholdersGlobeNewswirePresentation 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,
3y agoIAA RBAEminence Capital to Vote AGAINST Ritchie Bros. Proposed Merger with IAA, Inc.PR NewswireIssues Open Letter to RBA Shareholders Highlighting Flawed and Risky Transaction with Limited Strategic Logic NEW YORK, Feb. 15, 2023 /PRNewswire/ -- Eminence Capital, LP ("Eminence"), the beneficial owner of
3y agoIAA RBALong-term IAA Inc Shareholder Discerene Group Sends Letter to IAA Board of Directors Regarding Proposed Value-destroying Merger With Ritchie Bros. AuctioneersBusiness WireProposed Transaction is Based on Flawed Sale Process and Weak Strategic Rationale; Revised Offer is Even Worse for IAA Shareholders Independent IAA Has Significant Upside Potential Discerene Intends to Vote Against
3y agoIAA RBALuxor Capital Group Files Definitive Proxy Materials to Oppose Value-Destroying Acquisition of IAAGlobeNewswireSends 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
3y agoIAA RBARitchie Bros. Mails Definitive Proxy Statement and Letter to ShareholdersPR NewswireRitchie Bros.' Transformation Continues to Create Significant, Sustainable Shareholder Value IAA Acquisition Accelerates Ritchie Bros.' Standalone Strategy and Drives Incremental Value of Up to $76 Per
3y agoIAAIAA, Inc. Announces Preliminary Fourth Quarter and Full Year 2022 Financial ResultsBusiness WireIAA, Inc. (NYSE:IAA) today announced preliminary, unaudited financial results for the fourth quarter and full year fiscal 2022, which ended January 1, 2023. For the year ended on January 1, 2023, the Company expects
3y agoIAAIAA Loan Payoff® Exceeds $3 Billion in Total Loss Transactions in 2022Business WireIndustry-leading digital solution streamlines transactions, improves customer satisfaction IAA, Inc. (NYSE:IAA), a leading global digital marketplace connecting vehicle buyers and sellers, announces that IAA Loan
3y agoIAA RBA TSX:RBAAncora Issues Presentation Detailing Its Rationale for Supporting the IAA-Ritchie Bros. CombinationBusiness WireAsserts the Deal's Recently Revised Terms Offer Shareholders of IAA and Ritchie Bros. a Highly Compelling Opportunity to Realize Long-Term Value Exposes the Seemingly Misleading and Self-Serving Criticisms Published by
3y agoIAAIAA, Inc. Announces Fourth Quarter and Full Year 2022 Earnings DateBusiness WireIAA, Inc. (NYSE:IAA), a leading global marketplace connecting vehicle buyers and sellers, today announced that it intends to release its financial results for the fourth quarter and full year fiscal 2022 after market
3y agoIAA RBALuxor Capital Comments on "Restructured" Ritchie Bros. Proposed Merger with IAAGlobeNewswirePerpetual Preferred Security Being Issued Transfers US$145 Million of Value to a Non-Shareholder at the Expense of Existing Common Shareholders Agreement Seeks to Entrench Management and Board NEW YORK, Jan. 24, 2023
3y agoIAA RBARitchie Bros. and IAA Announce Amended Merger Agreement That Enhances Value for Ritchie Bros. Shareholders While Increasing Cash Consideration for IAA ShareholdersPR NewswireAmended Agreement Unanimously Approved by the Ritchie Bros. and IAA Boards Following Engagement with a Cross-Section of Shareholders New Investor Presentation Released Highlighting the Pending Merger's Significant
3y agoIAA RBALuxor Capital Files Preliminary Proxy Statement to Oppose Ritchie Bros. Value Destructive Merger with IAAGlobeNewswireLuxor 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 continue
3y agoIAAIAA Announces New Market Alliance in QatarBusiness WireStrategic alliance to expand IAA's global buyer base in the Middle East IAA, Inc. (NYSE:IAA), a leading global digital marketplace connecting vehicle buyers and sellers, announces a strategic market alliance with Jumla
3y agoIAA RBARitchie Bros. and IAA Announce Receipt of Regulatory Clearances for Proposed MergerPR NewswireVANCOUVER, BC, and WESTCHESTER, Ill., Dec. 20, 2022 /PRNewswire/ - Ritchie Bros. Auctioneers Incorporated (NYSE:RBA) (TSX:RBA) ("Ritchie Bros.") and IAA, Inc. (NYSE:IAA) ("IAA"), today announced
3y agoIAA RBALuxor Capital Issues Open Letter to Board of Ritchie Bros. on Ill-Advised Proposed Acquisition of IAAGlobeNewswireDetails Serious Concerns with Proposed IAA Merger, including the Undervaluation of RBA Shares, the Potential Erosion of RBA Business Quality, the Dilution of RBA Shareholders, and the Business Outlook of IAA Believes
3y agoIAAIAA Expands Inspection Services Platform with Undercarriage ImagesBusiness WireWorked with major insurance carriers to greatly enhance imaging and improve estimate accuracy IAA, Inc. (NYSE:IAA), a leading global digital marketplace connecting vehicle buyers and sellers, announces the launch of
3y agoIAAIAA Announces New Branches in Minnesota and MarylandBusiness WireContinued investment in real estate provides capacity to meet growing demand IAA, Inc. (NYSE:IAA), a leading global digital marketplace connecting vehicle buyers and sellers, announces the opening of new branches in
3y agoIAADDI Technology Expands into MassachusettsBusiness WireDDI first vendor to offer electronic salvage processing in the state DDI Technology ("DDI") a leading electronic lien and title technology (ELT) firm and a subsidiary of IAA, Inc. (NYSE:IAA), a leading global digital
3y agoIAA RBA TSX:RBAAncora Sends Letter to IAA's Board of Directors Regarding the Poorly Structured Proposed Sale to Ritchie Bros.Business WireQuestions the Board's Apparent Decisions to Bypass a Transparent, Wide-Ranging Sale Process and Forgo the Ability to Have a Go-Shop Period Raises Concerns Regarding the Board's Focus on Obtaining Director Roles at
4y agoIAAIAA Alert: Monsey Firm of Wohl & Fruchter LLP Investigating Sale of IAA, Inc.GlobeNewswireMONSEY, N.Y., Nov. 07, 2022 (GLOBE NEWSWIRE) -- The law firm of Wohl & Fruchter LLP is investigating whether the directors of IAA, Inc. (NYSE:IAA) ("IAA") acted in the best interests of IAA shareholders in
4y agoIAAIAA, Inc. Announces Third Quarter 2022 Financial ResultsBusiness WireQ3 Revenue Growth of 18.3% to $497.5 Million; Continued Revenue Per Unit Strength Separately Announces IAA, Inc. to be Acquired by Ritchie Bros. Auctioneers Incorporated IAA, Inc. (NYSE:IAA) today announced its
4y agoIAA RBARitchie Bros. to Acquire IAA and Create a Leading Global Marketplace for Commercial Assets and VehiclesPR NewswireCombines Highly Complementary Businesses Operating in Adjacent Verticals to Unlock Accelerated Growth Accelerates Scale and Diversifies Business Through Expansion into the Growing and Resilient Vehicle Market with a
4y agoIAAIAA Breaks Ground on New Branch in Northern CaliforniaBusiness WireState-of-the-art facility to support increased customer capacity needs IAA, Inc. (NYSE:IAA), a leading global digital marketplace connecting vehicle buyers and sellers, announces that it has broken ground on a new
4y agoIAAIAA, Inc. Announces Third Quarter Fiscal 2022 Earnings Conference CallBusiness WireIAA, Inc. (NYSE:IAA), a leading global marketplace connecting vehicle buyers and sellers, today announced that it intends to release its financial results for the third quarter of fiscal 2022 before market open and host
4y agoIAAIAA Announces Further Expansion in ArizonaBusiness WireCapacity increased to help meet growing customer needs in Phoenix area IAA, Inc. (NYSE:IAA), a leading global digital marketplace connecting vehicle buyers and sellers, announces that construction has been completed on