Ritchie Bros. to acquire IronPlanet to accelerate its customer centric multi-channel diversification strategy

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Go back to Ritchie Bros. to acquire IronPlanet to accelerate its customer centric multi-channel diversification strategy

UPDATE: Oppenheimer Reiterates Perform as Ritchie Bros. Auctioneers (RBA) Announces IronPlanet Acquisition

August 30, 2016 9:14 AM EDT

(Updated - August 30, 2016 9:16 AM EDT)

Oppenheimer reiterated a perform rating on Ritchie Bros. Auctioneers (NYSE: RBA) after the company announced that it has entered into an agreement to acquire IronPlanet. The acquisition is expected to meaningfully bolster RBA's GAP/revenue/EPS over... More