Ritchie Bros. Auctioneers

Ritchie Bros. Auctioneers, Inc. is an industrial auctioneer, which engages in the sale of equipment to on-site and online bidders. It operates through the following segments: Auctions and Marketplaces, Ritchie Bros. Financial Services and Mascus. The Auctions and Marketplaces segment consists of live on site auctions, online auctions and marketplaces, and brokerage service. The Ritchie Bros. Financial Services segment refers to the financial brokerage service. The Mascus segment includes online listing service. The company was founded by David Edward Ritchie in 1958 and is headquartered in Burnaby, Canada.

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RB Global, Inc. engages in the provision of value-added insights, services, and transaction solutions for buyers and sellers of commercial assets and vehicles worldwide. Its brands include Ritchie Bros., IAA, Rouse Services, SmartEquip, Xcira, and Veritread. The company was founded by David Edward Ritchie in 1958 and is headquartered in Westchester, IL.

VANCOUVER, BC , March 1, 2023 /PRNewswire/ - Ritchie Bros. Auctioneers Incorporated (NYSE: RBA) (TSX: RBA), "Ritchie Bros.

Ritchie Bros. Announces Pricing of Senior Notes Offering to Partially Fund IAA Merger

Meet the equipment lifecycle & parts procurement technology company at CONEXPO-CON/AGG NORWALK, Conn. , March 1, 2023 /PRNewswire/ - SmartEquip is the leading technology standard for equipment lifecycle management, service, and procurement support for the construction industry, with US$1.4+ billion in equipment parts ordered through its network each year.

SmartEquip celebrates record global network growth, supporting equipment owners, dealers and manufacturers

IAA Inc

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

Luxor Capital Responds to Ritchie Bros.'s Deceptive Claims in New Presentation

VANCOUVER, BC , Feb. 28, 2023 /PRNewswire/ - Ritchie Bros. Auctioneers Incorporated (NYSE: RBA) (TSX: RBA), ("Ritchie Bros.

Ritchie Bros. Announces Senior Notes Offering to Partially Fund IAA Merger

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 operator IAA.

Scrap-Car Deal Battle Is A Heaping Mess

Ritchie Bros. Urges Shareholders to Vote "FOR" All Proposals Listed on the WHITE Proxy Card VANCOUVER, BC , Feb. 27, 2023 /PRNewswire/ - Ritchie Bros.

Independent Directors of the Ritchie Bros. Board Issue Letter to Shareholders

Five-day public auction attracted 22,600+ bidders from 80+ countries competing for 13,300+ items ORLANDO, Fla. , Feb. 27, 2023 /PRNewswire/ - Last week Ritchie Bros.

Ritchie Bros. sells US$244+ million of equipment in its 2023 Premier Global Auction in Orlando, FL

CLEVELAND--(BUSINESS WIRE)--Ancora 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) and 0.5% of the outstanding shares of Ritchie Bros. Auctioneers Incorporated (NYSE: RBA) (TSX: RBA), today released a rebuttal presentation that addresses what appears to be a “short and distort” campaign being run by Luxor Capital Group, LP.

Ancora Issues Rebuttal Presentation to Address What Appears to be Luxor Capital's “Short and Distort” Campaign Against IAA and Ritchie Bros.

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 Investment Urges Shareholders Not to Be Misled by Luxor's Factually Inaccurate and Fundamentally Flawed Analysis VANCOUVER, BC , Feb. 22, 2023 /PRNewswire/ - Ritchie Bros. Auctioneers Incorporated (NYSE: RBA) (TSX: RBA) ("Ritchie Bros.

Ritchie Bros. Mails Letter to Shareholders

Urges Ritchie Bros. Shareholders to Vote "FOR" All Proposals on the WHITE Proxy Card VANCOUVER, BC , Feb. 22, 2023 /PRNewswire/ - Ritchie Bros.

Ritchie Bros. Releases Presentation Highlighting Benefits of Proposed IAA Transaction, Addressing Luxor's Misleading Claims and Correcting Luxor's Flawed Analysis

Ritchie Bros. Auctioneers Incorporated (NYSE:RBA ) Q4 2022 Earnings Conference Call February 21, 2023 5:00 PM ET Company Representatives Ann Fandozzi - Chief Executive Officer Eric Jacobs - Chief Financial Officer Sameer Rathod - Vice President of Investor Relations and Market Intelligence Conference Call Participants Michael Doumet - Scotiabank Michael Feniger - Bank of America Larry De Maria - William Blair Gary Prestopino - Barrington Research Bryan Fast - Raymond James Operator Good morning.

Ritchie Bros. Auctioneers Incorporated (RBA) Q4 2022 Earnings Call Transcript

VANCOUVER, BC, Feb. 21, 2023 /PRNewswire/ - Ritchie Bros. Auctioneers Incorporated (NYSE: RBA) (TSX: RBA) (the "Company", "Ritchie Bros.", "we", "us", or "our") reported the following results for the fourth quarter, for the three months ended December 31, 2022.

Ritchie Bros. reports fourth quarter 2022 results

February 14 – 16 unreserved auction attracted 14,500+ bidders to compete for 6,500+ items HOUSTON , Feb. 20, 2023 /PRNewswire/ - With its first Houston, TX site auction of the year, Ritchie Bros. attracted more than 14,500 bidders to compete for 6,500+ items, generating US$61+ million in gross transaction value.

Ritchie Bros. auction in Houston hits US$61+ million

Presentation Details Why Shareholders Should Vote AGAINST RBA's Ill-Advised, Self-Serving and Value-Destructive Merger With IAA

Luxor Capital Releases Presentation to Fellow Ritchie Bros. Shareholders

Does Ritchie Bros. (RBA) have what it takes to be a top stock pick for momentum investors?

What Makes Ritchie Bros. (RBA) a Strong Momentum Stock: Buy Now?

Issues 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 more than 900,000 shares of Class A Common Stock of Ritchie Bros. Auctioneers Incorporated (NYSE: RBA) (TSX: RBA) (the "Company"), today announced its intention to vote AGAINST the Company's proposed merger with IAA, Inc. (NYSE: IAA).

Eminence Capital to Vote AGAINST Ritchie Bros. Proposed Merger with IAA, Inc.

STAMFORD, Conn.--(BUSINESS WIRE)--Discerene Group LP, whose affiliates and investment vehicles managed beneficially own approximately 3.6% of the outstanding shares of IAA, Inc. (NASDAQ: IAA), today sent a letter to IAA's Board of Directors indicating its intention to vote against the proposed revised transaction with Ritchie Bros. Auctioneers (NASDAQ: RBA).

Long-term IAA Inc Shareholder Discerene Group Sends Letter to IAA Board of Directors Regarding Proposed Value-destroying Merger With Ritchie Bros. Auctioneers

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It's hard not to notice the market hype around investment-grade corporates right now — at 5% yield, IG bond yields are the highest since the global financial crisis, with flows into IG corporate bond ETFs hitting a record in January. But in all that excitement, investors may be missing some key information.

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Ritchie Bros.' Transformation Continues to Create Significant, Sustainable Shareholder Value IAA Acquisition Accelerates Ritchie Bros.

Ritchie Bros. Mails Definitive Proxy Statement and Letter to Shareholders

VANCOUVER, BC , Feb. 13, 2023 /PRNewswire/ - Ritchie Bros. Auctioneers Incorporated (NYSE: RBA) (TSX: RBA) (the "Company", "Ritchie Bros.

Ritchie Bros. announces preliminary fourth quarter & full year 2022 financial results

CLEVELAND--(BUSINESS WIRE)--Ancora Holdings Group, LLC (together with its affiliates, “Ancora” or we”), which is the beneficial owner of approximately 4% of the outstanding shares of IAA, Inc. (NYSE: IAA) and 0.5% of the outstanding shares of Ritchie Bros. Auctioneers Incorporated (NYSE: RBA) (TSX: RBA), today released a presentation that details its rationale for supporting the proposed IAA-Ritchie Bros.

Ancora Issues Presentation Detailing Its Rationale for Supporting the IAA-Ritchie Bros. Combination

Shares of Ritchie Bros. Auctioneers Incorporated fell nearly 20% in November as the company announced its intention to acquire IAA. I was really cautious on the deal as well.

Ritchie Bros. Auctioneers: Coming Out Of The Auction

Starboard Value may be positioning itself to assist management at the heavy equipment auctioneer.

Starboard Value takes a stake in Ritchie Bros. How amicable activism may come into play

Ritchie Bros. (RBA) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Can Ritchie Bros. (RBA) Keep the Earnings Surprise Streak Alive?

Showcasing all its solutions in one place, the company will celebrate the launch of an updated inventory management system at North America's largest construction equipment tradeshow VANCOUVER, BC , Jan. 31, 2023 /PRNewswire/ - This March in Las Vegas, NV Ritchie Bros. will showcase its growing list of insights, services, and transaction solutions at CONEXPO-CON/AGG, the largest equipment tradeshow in North America.

News for Ritchie Bros. Auctioneers Stock (RBA)