The Online Investor

Slideshow Mergers & Acquisitions

By The Online Investor Staff, updated Sun., Jan. 29, 4:48 PM

Slide #26. Ritchie Bros. Auctioneers Incorporated IAA, Inc.

Acquirer: Ritchie Bros. Auctioneers Incorporated (RBA)
Acquiree: IAA, Inc. (IAA)
Details: Ritchie Bros. Auctioneers Incorporated (NYSE:RBA) (TSX:RBA) ("Ritchie Bros.") and IAA, Inc. (NYSE:IAA) ("IAA") today announced that they have amended the terms of their previously announced merger agreement, pursuant to which Ritchie Bros. will acquire IAA in a stock and cash transaction. The amended agreement, which delivers enhanced value to Ritchie Bros. shareholders and increased cash consideration to IAA shareholders, has been unanimously approved by each company's Board of Directors.

Ritchie Bros Auctioneers is a holding company. Through its subsidiaries, Co. is engaged in asset management technologies and disposition of commercial assets. Co. provides its customers end-to-end solutions for buying and selling used industrial equipment and other durable assets through its unreserved live on site auctions, online marketplaces, listing services, and private brokerage services. Auctions and Marketplaces is Co.'s only reportable segment, which consists of its live on site auctions, its online auctions and marketplaces, and its brokerage service.

Open the RBA Page at The Online Investor »

Ritchie Bros Auctioneers is a holding company. Through its subsidiaries, Co. is engaged in asset management technologies and disposition of commercial assets. Co. provides its customers end-to-end solutions for buying and selling used industrial equipment and other durable assets through its unreserved live on site auctions, online marketplaces, listing services, and private brokerage services. Auctions and Marketplaces is Co.'s only reportable segment, which consists of its live on site auctions, its online auctions and marketplaces, and its brokerage service.

Open the IAA Page at The Online Investor »

Company Name: 
Ritchie Bros Auctioneers Inc
Stock buyback: 
RBA buyback
Website: 
www.rbauction.com
Sector: 
Business Services & Equipment
Number of ETFs Holding RBA: 
2
Total Market Value Held by ETFs: 
$13.79M
Total Market Capitalization: 
$6.46B
% of Market Cap. Held by ETFs: 
0.21%
Company Name: 
IAA Inc
Website: 
www.iaai.com
Sector: 
Auto Dealerships
Number of ETFs Holding IAA: 
59
Total Market Value Held by ETFs: 
$859.61M
Total Market Capitalization: 
$5.47B
% of Market Cap. Held by ETFs: 
15.72%
 

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