Ritchie Bros. sweetens IAA deal with more cash, as Starboard invests $500M (NYSE:RBA)

Business mergers and acquisitions concept. Share acquisition, asset business acquisition, amalgamation. Business review and development model. The abbreviation M and A on smart background, copy space.

Parradee Kietsirikul

Ritchie Bros. (NYSE:RBA) sweetened its bid for auto salvage company IAA (NYSE:IAA) with a larger cash component as Starboard Value LP makes a $500M investment in Ritchie Bros, moves that it hopes

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