IAA Completes Separation From KAR Auction Services
IAA, Inc. (IAA)
Last iaa, inc. earnings: 3/18 06:35 am
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Source: Business Wire
Shares to Begin Trading “Regular Way” on NYSE Today Under Symbol “IAA” WESTCHESTER, Ill.--(BUSINESS WIRE)--IAA, Inc. (NYSE: IAA) (“IAA”) today announced the successful completion of its separation from KAR Auction Services, Inc. (NYSE: KAR) (“KAR”). IAA’s common stock will begin trading “regular-way” today on the New York Stock Exchange under the symbol “IAA.”“We are excited for IAA to enter the public markets as a strong, independent company. As a standalone publicly traded company, IAA will continue to be a leader in the salvage auction industry, benefitting from an enhanced strategic focus and a streamlined operating structure,” said John Kett, President and Chief Executive Officer of IAA. “We plan to maximize long-term value for our stockholders and customers by building on our core strengths and executing against our defined growth strategy.About IAAIAA, Inc. (NYSE: IAA) is a leading global marketplace connecting vehicle buyers and sellers. Leveraging leading-edge technology a
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