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RBA.US
id: 437
On November 7, 2022, Ritchie Bros. Auctioneers (RBA) announced a $7.3 billion acquisition of IAA (IAA), saying it would form a leading global marketplace for heavy equipment and vehicles.

RBA also reported Q3 2022 revenue below analyst estimates.

Some social media already have questioned the synergies between the companies and the opnion that probably RBA could be overpaying for IAA.

The Deal still pending shareholder approval from both companies but Investos have reasons to suspect that RBA Leaders acted not in thier best interests conducting this offer.
Case Status
Inactive Investigation
Alleged Offence
Mismanagement, 
Malpractice, 
Negligence, 
Breach of Fiduciary duty, 
Omissions
Suspected Party
Directors, 
Management, 
Shareholder, 
Investment Bank, 
Service Provider
Security Type
Stocks
Trade Direction
Long
Shock Event Date
11/07/2022

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