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Ritchie Bros. and IAA Announce Amended Merger Agreement

January 23, 2023 By CollisionWeek Editor

Amended agreement was unanimously approved by both boards and is supported by Ancora Holdings. Starboard Value is making a $500 million strategic investment. Boyd Group’s Tim O’Day expected to be appointed to Ritchie Board of Directors upon closing of transaction. Ritchie Bros. Auctioneers Incorporated (NYSE:RBA) (TSX:RBA) and IAA, Inc. (NYSE: IAA) today announced that they […]

Filed Under: News Tagged With: Acquisitions, Ancora Holdings, Boyd Group, Insurance Auto Auctions, Ritchie Bros, Starboard Value

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