Ancora Issues Rebuttal Presentation to Address What Appears to be Luxor Capital’s “Short and Distort” Campaign Against IAA and Ritchie Bros.
02/23/2023 - 07:00 AM
Asserts Luxor is Leading a Wolf Pack of Shareholders That is Disseminating Falsehoods and Half-Truths Regarding the Combination
Highlights Luxor Recently Amended its Proxy Statement to Disclose it has Maintained a “Trade Incentive Agreement” With a Known Short Seller Since December 2022
Shares Five Key Reasons Why Ancora is Voting FOR the Transformative and Value-Enhancing Transaction
CLEVELAND --(BUSINESS WIRE)--
Ancora Holdings Group, LLC (together with its affiliates, “Ancora”), which is the beneficial owner of approximately 4% of the outstanding shares of IAA, Inc. (NYSE: IAA) and 0.5% of the outstanding shares of Ritchie Bros. Auctioneers Incorporated (NYSE: RBA) (TSX: RBA), today released a rebuttal presentation that addresses what appears to be a “short and distort” campaign being run by Luxor Capital Group, LP .1
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230223005447/en/
DOWNLOAD AND VIEW ANCORA’S REBUTTAL DECK AT THE LINK ABOVE.
About Ancora
Founded in 2003, Ancora Holdings Group, LLC offers integrated investment advisory, wealth management and retirement plan services to individuals and institutions across the United States . The firm's comprehensive service offering is complemented by a dedicated team that has the breadth of expertise and operational structure of a global institution, with the responsiveness and flexibility of a boutique firm. For more information about Ancora, please visit https://ancora.net .
Disclaimer
THIS IS NOT A SOLICITATION OF AUTHORITY TO VOTE YOUR PROXY. DO NOT SEND US YOUR PROXY CARD. ANCORA IS NOT ABLE TO VOTE YOUR PROXY, NOR DOES THIS COMMUNICATION CONTEMPLATE SUCH AN EVENT.
1 Ancora’s shareholdings are as of the record date for each company’s special meeting, whereat investors will vote on the proposed combination.
View source version on businesswire.com : https://www.businesswire.com/news/home/20230223005447/en/
Longacre Square Partners
Greg Marose / Charlotte Kiaie , 646-386-0091
ancora@longacresquare.com
Source: Ancora Holdings Group, LLC
EVBG Rankings
#4205 Ranked by Stock Gains
EVBG Stock Data
Industry
Software Publishers
Sector
Information
Tags
Technology Services, Packaged Software, Information, Software Publishers
Country
US
City
Burlington
About EVBG
everbridge, inc. (nasdaq: evbg) is the global leader in critical event management and enterprise safety applications that automate and accelerate an organization’s operational response to critical events in order to keep people safe and businesses running faster. during public safety threats such as active shooter situations, terrorist attacks or severe weather conditions, as well as critical business events such as it outages or cyber-attack incidents, over 3,400 global customers rely on the company’s saas-based platform to quickly and reliably aggregate and assess threat data, locate people at risk and responders able to assist, automate the execution of pre-defined communications processes, and track progress on executing response plans. the company’s platform sent over 1.5 billion messages in 2016, and offers the ability to reach over 200 countries and territories with secure delivery to more than 100 different communication devices. the company’s critical event management and ente
