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Non-Tech : Ritchie Bros. (RBA)

RBA 97.37

-1.9%

Nov 3 3:59 PM EST

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From: JakeStraw	8/30/2016 12:22:05 PM
	of 105

Ritchie Bros to buy U.S. e-commerce site IronPlanet finance.yahoo.com IronPlanet, backed by Caterpillar Inc, allows users to place bids online or on-site, or buy at a fixed price. It offers a multi-channel platform for the sale of assets. Ritchie Bros also announced a deal to partner with Caterpillar for live onsite and online auctions of Caterpillar's used equipment. The deal will replace and expand on existing agreements between Caterpillar, its dealers and Ironplanet. The partnership will be effective upon the closing of the IronPlanet acquisition, which is expected by the first half of 2017.

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