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Ancora Issues Letter to IAA’s (IAA) Board of Directors Regarding Leadership Change or Sale Process

  • March 16, 2022

POTENTIAL DEAL DETAILS

StockIAA, Inc.SymbolIAA
Date Announced03/15/2022Source Press Release
TypeCompany Seeking Strategic Alternatives
Date of Confirmation: 11/07/2022Price at Confirmation: $40.00
Potential Profit: 2.62%Annualized Profit: 4.03%

Ancora Issues Letter to IAA’s (IAA) Board of Directors Regarding the Need for a Leadership Change or Sale Process.

Update(s):

March 15, 2022: IAA (IAA) responds to Ancora, it looks forward to continuing a constructive dialogue with Ancora and the Board will continue to take actions that are in the best interests of the Company and all of its shareholders

Disclaimer: Our intent with this section of the website is to present potential deals that appear to be in the pipeline. These potential deals are ones where i) the company has indicated that it is "seeking strategic alternatives", ii) there has been an unsolicited bid for a company as mentioned in a press release by the company or iii) news about the deal has been published by a leading news organization like The Wall Street Journal, The New York Times, Bloomberg, Financial Times, The Washington Post, Reuters and The Associated Press. As best as possible we will try to avoid baseless rumors. There is a high probability that many of these potential deals may not materialize and if they do, the terms of the deal may be different from what was initially reported. Please do your own due diligence before buying or selling any securities mentioned on this website. We do not warrant the completeness or accuracy of the content or data provided.