Canada’s Ritchie Bros. Auctioneers Inc. agreed to buy US auto retailer IAA Inc. in a cash and stock transaction worth about $6.2 billion. IAA stockholders will receive $10 in cash and 0.5804 of Ritchie common shares for each IAA common stock they own, the company said Monday. The deal includes Ritchie assuming $1 billion of […]
Source : AutoFinanceNews
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