IAA Stock Recent News

Multi-billion-dollar investment manager Luxor Capital Group, LP has issued an open letter expressing serious concerns about the proposed merger between Ritchie Bros Auctioneers Incorporated and IAA, Inc.   Luxor Capital, which owns about 3.6% of Ritchie Bros' outstanding common shares, said it intends to vote against the merger at the company's yet-to-be scheduled special meeting of shareholders. In its letter, Luxor wrote that Ritchie Bros risks the permanent destruction of billions of dollars in shareholder value, as evidenced by the 18% drop in the company's closing share price following the announcement of the merger on November 7, 2022.

Cramer spoke with Ritchie Bros CEO Ann Fandozzi on Thursday.

IAA (NYSE: IAA ) stock is climbing higher on Monday thanks to a massive acquisition deal with Ritchie Bros Auctioneers (NYSE: RBA ). Ritchie Bros have agreed to acquire IAA in a deal worth $7.3 billion, which includes its assumption of $1 billion of debt.

Ritchie Bros Auctioneers (RBA) announced it is buying IAA (IAA) for $7.3 billion. These are the details.

IAA (IAA) delivered earnings and revenue surprises of -11.76% and 3.56%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

IAA Inc. IAA, +1.13% shares rallied 9.2% in premarket trades Monday after Ritchie Bros. Auctioneers Inc. RBA, +0.26% RBA, -1.53% said it agreed to buy the Westchester, Ill.

WESTCHESTER, Ill.

IAA, Inc. (NYSE:IAA ) Q2 2022 Earnings Conference Call August 9, 2022 9:00 AM ET Company Participants Caitlin Churchill - Investor Relations John Kett - Chief Executive Officer and President Susan Healy - Chief Financial Officer Conference Call Participants Daniel Imbro - Stephens Bob Labick - CJS Securities Bret Jordan - Jefferies Gary Prestopino - Barrington Research Chris Bottiglieri - BNP Paribas Operator Good morning ladies and gentlemen. Thank you for attending today's IAA Second Quarter Earnings Conference Call.

IAA (IAA) delivered earnings and revenue surprises of 12.73% and 0.44%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

WESTCHESTER, Ill.--(BUSINESS WIRE)--IAA, Inc. (NYSE: IAA), a leading global marketplace connecting vehicle buyers and sellers, today announced that it intends to release its financial results for the second quarter of fiscal 2022 before market open and host a conference call at 9:00 a.m. Eastern Time on Tuesday, August 9, 2022. A live audio webcast of the conference call will be available online at https://investors.iaai.com/. A recorded replay will be available within two hours of the conclusi